Seeking Alpha

Turkey-inspired rally fails; futures flat

  • Stock index futures (SPY, DIA, QQQ) are flat as earnings continue to pour in and ahead of the results of the FOMC meeting. Futures got a nice boost last night after Turkey jacked rates 425 basis points to combat the declining lira, but that bounce is gone, and Europe's flat after opening with big gains, and Turkey (TUR) is now lower by 1%.
  • The big mover in Asia overnight was Tokyo which gained 2.7%.
  • The 10-year Treasury yield is up one basis point to 2.77% and gold is up 0.8% to $1,261 per ounce.
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs