US futures point to slightly higher open

  • 📰 CNBC
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

Market focus remains largely attuned to the potential economic fallout of the coronavirus outbreak.

an additional 1,749 cases of the coronavirus nationwide, with 136 deaths. As of Feb. 18., the commission said there had been a total of 74,185 confirmed cases and 2,004 cumulative deaths.

Cases of the deadly flu-like virus, which originated in the Chinese city of Wuhan, have been reported in more than two dozen countries around the world.Economic data, earnings On the data front, the Labor Department will publish its producer price index for January at 8 a.m. ET, with housing starts for January, building permits for January and a business leaders survey for February all due at the same time.

An advanced fourth-quarter reading of the Census Bureau's Quarterly Services Survey will be released slightly later in the session.is also scheduled to publish its meeting minutes from December, when policymakers at the U.S. central bank decided to hold the federal funds rate steady between a range of 1.5% to 1.75%.

Atlanta Fed President Raphael Bostic, Minneapolis Fed President Neel Kashkari, Dallas Fed President Robert Kaplan, Richmond Fed President Tom Barkin and Cleveland Fed President Loretta Mester are all expected to comment on the world's largest economy at separate events on Wednesday.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Based on what? We are in hyper bubble territory and theres no good economic news. Investors are betting that the federalreserve will continue buying stocks with fake money to prevent the mother of all crashes.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. State Dept tracks 60 U.S. citizens in Japan following coronavirus outbreakThe U.S. State Department said on Monday it is tracking the condition of 60 U.S....
Source: Reuters - 🏆 2. / 97 Read more »

The Pinsa Pie Tries to Elbow Into New York’s Crowded Pizza MarketA number of restaurants in and around New York City have begun offering a Roman style pizza known as pinsa, an oval-shaped “pie” that is said to be a lighter take on the favorite foodstuff. stoolpresidente get on it Prez Variety and choice are a good thing. Can't wait
Source: WSJ - 🏆 98. / 63 Read more »

Southeast Asia's tourist hubs court local market as coronavirus shuts Chinese outSoutheast Asia's holiday hotspots, hit by billions in lost business from Ch...
Source: Reuters - 🏆 2. / 97 Read more »

Market forecasts rely on an 'increasingly toxic cocktail' of promises, economist saysEconomic forecasts for 2020 rely on an 'increasingly toxic cocktail' of promises which could be derailed by supply chain disruption resulting from the coronavirus outbreak, according to Saxo Bank Chief Economist Steen Jakobsen.
Source: CNBC - 🏆 12. / 72 Read more »

Stock market live updates: Dow futures drop 140, all eyes on Apple, Berkshire boosts KrogerA discussion of all that's moving the market today including the coronavirus, Apple and more.
Source: CNBC - 🏆 12. / 72 Read more »

Leon Cooperman says Bernie Sanders is a bigger threat to the stock market than the coronavirusHurting companies and so called 'rich' people, hurts the poor. It's companies and 'Rich' people who pay taxes that allow for all the social programs. why do u keep interviewing Leon? wasn't he the subject of a SEC investigation Leon Cooperman appears to be reading a prepared statement on his desk or table.
Source: CNBC - 🏆 12. / 72 Read more »