Looming Market Catalysts
What’s in Today’s Report:
- The Major Looming Market Catalysts
S&P futures are trading higher while international markets were mixed overnight as investors continue to weigh stimulus hopes against negative pandemic developments.
COVID-19 hospitalizations hit a record in the U.S. yesterday and Colorado reported the first domestic case of the rapidly spreading “U.K. strain,” however news that Britain approved AstraZeneca’s vaccine is helping offset that news.
Today, there are two economic reports to watch: International Trade in Goods (E: -$82.0B) and Pending Home Sales (E: 0.0%) while there are no Fed officials scheduled to speak.
That will leave markets largely focused on Capitol Hill once again as investors look for clarity on the size of individual stimulus checks which has been the most notable driver of equity markets this week.