The article provides a comprehensive overview of the financial market activities for the day. The report highlights the flat performance of the US equity futures, with the S&P500 and Dow slightly higher and the Nasdaq-100 slightly lower. Bitcoin is closing in on $29,000, while oil is marginally higher and gold & copper remain flat. The report also discusses FedEx’s earnings miss on revenues and the retirement of their CFO, as well as the upcoming testimony of Fed Chair Powell before Congress.
- Monitor Market Performance: The US equity futures are flat, with the S&P500 and Dow slightly higher and the Nasdaq-100 slightly lower. Bitcoin is closing in on $29,000, while oil is marginally higher and gold & copper remain flat. Investors should keep an eye on these market trends for potential investment opportunities.
- Assess Company News: FedEx missed on revenues and announced the retirement of their CFO. This could potentially impact FedEx’s stock performance and is worth monitoring for investors holding or considering FedEx shares.
- Stay Informed on Monetary Policy: Fed Chair Powell is set to testify before Congress on the Semiannual Monetary Policy Report. This could have significant implications for the financial markets and investors should stay informed on the outcomes of this testimony.