Futures opened slightly higher but are trading lower early in Friday’s session ahead of April options expiration. Traders often find the action on OpEx difficult to make sense of, so today it will pay to watch more than participate. Bank of America Corp. (BAC) reported earnings before the bell, and had a difficult quarter, reporting $0.17 per share vs $0.27 expected while barely topping revenues. It seems the EPS miss was priced in however as the stock is trading slightly higher this morning.
Watch the T3Live.com Morning Call below with Jordan Kimmel.
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