Markets await interest rate hints


U.S. stocks are slightly lower this morning as investors look forward to interest rate clues in today’s speech by Federal Reserve Chairwoman Janet Yellen. The S&P 500 is down 0.21% and the Dow is down 0.25%.

Asian stocks finished mixed Tuesday with markets there on course for a third straight month of losses. The Shanghai was down 1.28% while the Hang Seng was up 0.10%.

European stocks are mixed today with financial and consumer goods shares among the leaders. The FTSE is down 0.05%, while the French CAC is up 0.35%.   

Energy futures are lower today. The price for West Texas Intermediate crude oil is down $0.75 to $38.64 per barrel, while natural gas is down $0.01 to $1.92. Metals prices are mixed today. Gold is down $0.80 to $1,219.30 per ounce and platinum is up $8.40 to $954.60. The Dollar is down versus the Euro and up against the Yen.

Keryx Biopharmaceuticals Inc. (KERX), NQ Mobile Inc.(NQ), and Ambarella, Inc. (AMBA) are early risers, while TerraForm Power, Inc.  (TERP), Transocean Ltd.  (RIG) and Petróleo Brasileiro S.A. – Petrobras(PBR) are down. [InvestorsKeyhole, news and data sources]


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