Market opened higher on the back of a better than expected earnings report from Apple. Boeing is also having a positive impact in early trading. Global Markets were generally higher as central banks continue to provide monetary stimulus. A rumor out of Tokyo has the BOJ announcing another aggressive campaign on Friday. Japanese stocks were higher while the Yen fell. The Fed 2-day meeting comes to a close today, and the statement is widely expected to keep a cautious tone, highlighting the global problems but also acknowledging US economic growth. A rate hike is believed to be off the table today. Hillary Clinton made history last night, officially becoming the first woman to be nominated President of the United States representing a major political party. There’s a lot going on, and markets are moving.
Have a great day.
Mike
