Good morning! Here's what's happening around the market this week.
Wednesday saw equity markets open slightly higher thanks to some better than expected earnings reports from big players like proctor & Gamble. However, the gains didn't last as stocks remained under the pressure of rising interest rates. All three major U.S. indices experienced losses by Wednesday's close, with the Nasdaq down 1.15%, the S&P reporting losses of 0.97%, and the Dow down 0.96%
This morning, futures markets are tilted slightly higher ahead of the open, with Dow, S&P, and Nasdaq futures all reporting subtle gains as of late evening yesterday.