Page 6 - John Ryding News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Because of all the issues we had after the government shutdown. We get the unusual dump of data. Thats been something weve been waiting to see because the Housing Market is one the fed watches closely. There are a few corporate reports of note today, as well. Before the bell, we get Quarterly Results from fedex, General Mills and menards. This afternoon, we have oracle to report, too. This morning, youre going to see right now dow futures are up by about 358 points above fair value. S p futures are up by 6. I dont know what that tells one if they think the fed is not going to taper. But, again...

Eastern time. And in europe some markets have already closed early. The nikkei did hit 15,000 briefly for the first time in six years. Our road map begins with Holiday Cheer for the market. It might sound like a broken record but once again stocks set to open at fresh highs. Today is another important day for retail. Some stores are staying open for as much as 100 hours straight to try to take advantage of the late rush. But with new data showing a drop in sales, will those extra hours be enough to boost holiday totals . And what was the most important story for your money . Its not over yet b...

The Core Consumer Price Index (CPI), which excludes volatile food and energy components, increased by 0.3% from the previous month.

Lower inflation, falling rates and a soft landing are in the cards, according to the respondents to the CNBC Fed survey.

The Grinches in the financial-futures and Treasury market are probably going to be disappointed in the scope of rate reductions from the Federal Reserve.