NYSE Content Advisory: Pre-Market update + Wall Street readies for key economic data
J.D. Durkin delivers the pre-market update on
- Stocks are fractionally higher Monday morning amid tensions in the
Middle East . The geopolitical conflict dragged down major averages by more than 1% on Friday and sent the price of crude oil up 7%. - Investors will be monitoring the release of key economic data throughout the week, headline by the FOMC Policy Decision on Wednesday.
Wall Street is pricing in interest rates remaining unchanged. - Also set to be released is manufacturing data this morning, monthly retail sales on Tuesday, and homebuilding data on Tuesday and Wednesday.
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Teekay (NYSE: TK) celebrates 30 years of listing on the
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Video - https://mma.prnewswire.com/media/2711699/NYSE_June_16_Market_Update.mp4
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