- July 7, 2021
- Posted by: Stratford Team
- Category: Business
32 Advisors founder and CEO Robert Wolf on how markets are reacting to coronavirus in the U.S., the Federal Reserve, infrastructure and President Biden’s policies.
U.S. equity futures are trading higher ahead of Wednesday’s opening bell on Wall Street.
The major futures indexes suggest a gain of 0.1%.
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The minutes from the Federal Reserve minutes from its last policy meeting are due later in the day.
Traders will be looking through the minutes for more clues about the bank’s economic outlook as well as thoughts on interest rates and bond-purchasing.
Before that, keep an eye out for the Job Openings and Labor Turnover Survey. The Labor Department is expected to say that there were 9.388 million job openings available at the end of May. That’s up about 100,000 from April’s reading.
Wall Street’s benchmark S&P 500 index broke a seven-day streak of record closes on Tuesday and fell after the Institute…