The Day Ahead: Trade Balance, Budget, Auction, FOMC Meeting
After two pretty light days that have caused markets to tumble, Wednesday offers a busy schedule with a mix of fresh data and government policy. The S&P 500, which fell 1.3% yesterday ? its biggest slide in a month ? is looking moderately positive this morning along with the Dow and Nasdaq, but that could change quickly if the Trade Balance at 8:30 comes in worse than anticipated….(read more)
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