Wall Street had initially opened higher, following Europe’s lead, but speculation on the Fed’s possible QE-leanings may have been dampened given the improvement in today’s data points. As of this writing, it appears that Wall Street could use a bit of direction; the SPX500 is up 4.17 points, the NASDAQ higher by 23 and the DJIA now trading more than 23 points lower. Like the indices, the collective sentiment among OpenBook traders is also mixed; bullish on the SPX500 and the DJIA and bearish on the NASDAQ. Sentiment, however, could change in the lead up to 2:00 p.m. (EST) when the Fed releases its most recent meeting minutes. Read more
Forex