S&P Futures are moving lower this morning as the market continues to digest yesterday's FOMC comments. On Wednesday the Fed indicated that it expects to push rates higher for longer in its effort to contain inflation. Key economic reports to pay attention to this morning are the Jobless Claims & Retail Sales reports. European exchanges are trading lower ahead of monetary announcements from the Bank of England and the ECB. Oil is flat to higher as yesterdays push higher may be too optimistic on a rebound of demand from China.
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