Futures Higher Modestly This Morning
Rebel Yell Morning Market Report
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Futures Higher Modestly This Morning
Today is a shortened trading session as such we are not producing the full market matters. Just a quick summary of what is going on in the world.
Futures are up +2 on the S&P 500, +27 on the Dow, +9 on the NASDAQ and -1 on the Russell 2000. Asia and Europe are mixed and the Treasury 10 year yield is at 1.93%.
Stock on the move include Boeing (BA) who told parts suppliers for the 737 Max to suspend shipments starting in mid January. Uber (UBER) and Lyft (LYFT) won a court ruling in NYC that was trying to limit the time they could be on the road without a passenger. Wesco (WCC) has offered to buy Anixter (AXE) for $90 a share besting a $86 bid from Clayton, Dubilier & Rice.
There are no economic events of note. Remember that markets close at 1:00 p.m. EDT.