28Jan2021 Pre-Market Commentary: Wall Street Futures Mixed, Europe Tumbles Amid Fears Reflation Trade Is Dead, Short Squeeze Turmoil, DOW Up 65 Points, Nasdaq Down -0.6%, WTI Crude Climbs 53.07
Fourth quarter GDP increased 4.0% vs 4.3% estimate (SPY 0.2%). American Airlines shares rocket nearly 50%. Biggest premarket movers: American Airlines, GameStop, Apple. Here is the current market situation from CNN Money European markets are broadly lower today with shares in France off the most. The CAC 40 is down 1.16% while London's FTSE 100 is off 1.06% and Germany's DAX is lower by 0.84%. What Is Moving the Markets Here are the headlines moving the markets. Why China Cant Replicate Americas Shale Boom China has been betting big on developing its shale gas resources, driven by surging...
Source: econintersect.com