Day Traders Diary
U.S. stock futures pointing to a slow start as the markets digested comments from the Federal Reserve. The Fed Chairman Jerome Powell said low inflation pressures may just be "transitory," hinting that a rate cut may not be on the horizon. On the earnings front, a number of retailers are trading higher following earnings. The list includes Under Armour, Dunkin Brands, Yeti and Polaris. Tesla is higher after announcing a plan to raise $2 billion in equity and debt with Elon Musk buying $10 million of the offering.
All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.