S&P Futures are lower this morning as the markets are digesting weakness in European and Asain markets. The cause for the weakness was Fed Chairman Jerome Powell's clear signal that a 50 basis point rate hike is to be expected when the FOMC meets in May. As a result, the dollar is strengthening and oil is weakening. American Express delivered a 25 cent EPS beat on higher revenue. Verzion has yet to release this morning.
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