Higher German inflation today pushed up global bond yields and that's putting a negative mood into stocks. In the last hour, S&P 500 futures have
Higher German inflation today pushed up global bond yields and that’s putting a negative mood into stocks. In the last hour, S&P 500 futures have bled lower and are down 9 points to 3699 shortly before the open.
The softer dollar points to a better today so we’ll keep an eye on where it goes, particularly with ISM data to come.
Last month, the index fell 115 points after touching a six-month high early in February.
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