- U.S. futures are pointing to a slight recovery for Wall Street with the stock market on pace for its worst December since the Great Depression. Dow and S&P 500 +0.3%; Nasdaq +0.4%.
- Aside from signs of slowing economic growth around the world, worries are setting in as the Fed begins its two-day meeting on interest rate policy.
- President Trump again took aim at the Fed yesterday, stating it was "incredible that with a very strong dollar and virtually no inflation... and the outside world blowing up around us... the Fed is even considering yet another rate hike."
- Oil is down 3.2% at $48.62/bbl, gold is 0.1% higher at $1253/ounce and the 10-year Treasury yield is down 2 bps to 2.83%.
- ETFs: SPY, QQQ, DIA, SH, SSO, VOO, SDS, IVV, SPXU, TQQQ, UPRO, PSQ, SPXL, RSP, SPXS, SQQQ, QID, DOG, QLD, DXD, UDOW, SDOW, VFINX, EPS, DDM, QQEW, QQQE, SPLX, SFLA, QQXT, SPUU, SPXE, UDPIX, OTPIX, RYARX, SPXN, SPDN, SPXT, SPXV