- Stocks look for a strong open following a ceasefire in Gaza and a request for a ceasefire from pro-Russian separatists in eastern Ukraine; S&P and Dow +0.5%, Nasdaq +0.6%.
- European and Asian markets are broadly higher as geopolitical concerns subside a bit; Japan's Nikkei rose 2.4%, climbing off two-month lows.
- Fed Vice Chairman Stanley Fischer said this morning that rebounds across advanced economies have been disappointing, leading to reduced long-term expectations for growth potential in the U.S.
- Quarterly earnings are winding down: Priceline -1% after reporting a bottom-line beat but disappointing guidance, while Dean Foods -9% in reaction to below-consensus earnings and cautious guidance.
- Kinder Morgan +18% and Kinder Morgan Partners +24% premarket on news of the mega-deal to consolidate all Kinder Morgan companies, including Kinder Morgan Management and El Paso Pipeline Partners.
- Treasurys recover from early losses, and the benchmark 10-year note is now flat with its yield at 2.42%.
Stocks set for sharply higher open as geopolitics subsides
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