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Rise and shine Traderade family
The big news is still the inflation numbers that came in hotter than expected yesterday. Today we have retail sales at 8:30am, and then industrial production and the NAHB Home Price Index later in the day.
S&P futures down 0.4% in Wednesday morning trading after US equities put in a mixed performance during a choppy Tuesday session that saw the S&P and Russell finish little changed. Treasuries firmer across the curve after another big backup in yields on Tuesday. Dollar better on the major crosses. Gold down ~1%. Bitcoin futures off 0.5%. WTI crude down 1.5% after losing more than 1% on Tuesday.