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15Mar2017 Pre-Market Commentary: Wall Street To Open Higher, Fed Rate Increase Today Is A Foregone Conclusion, Crude Prices Rise To Mid 48 Handle

Wednesday, March 15, 2017 6:17
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(Before It's News)

Written by Gary

US stock index futures pointed to a fractionally higher opening this morning (SPY +0.3%) as investors focused on the Fed’s meeting today. 25 basis points hike are already priced in with odds over 90%. Crude prices are trading higher after a surprise drawdown in U.S. crude stockpiles.

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