S&P Futures are trading lower this morning with retail stocks in focus. Yesterday after the close, major retailer Walmart lowered its guidance due to currency issues. This morning Amazon announce a price increase for Prime subscribers in Europe. The calendar is full today with earnings reports due out from MCD, GM, KO, GOOG, and MSFT. Today is also the start of the FOMC meeting with an announcement scheduled for tomorrow. later this morning we have a number of key economic reports to pay attention to. Crude Oil price are pushing higher this morning.
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