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The Morning Look

ByGary Kaltbaum

Market Update:

Stock futures are lower ahead of Monday’s open as investors digest last week’s sloppy action. In the near term, the S&P 500’s next level of resistance is the 50 day moving average.

Economic Data: Our award winning weekend market report will be out tonight. Just still a lot of range-bound nausea with rolling bear markets and very little in the way of bull markets. New yearly highs? Try finding any!

  • James Bullard Speaks
    5:30 AM ET
  • John C. Williams Speaks
    8:00 AM ET
  • PMI Manufacturing Index Flash
    9:45 AM ET
  • Patrick Harker Speaks
    6:30 PM ET

Highlights:

  • G-7 Warns of Weak Global Growth Outlook
    Gary’s Thoughts: Gee…didn’t we hear things were accelerating last week? Make up your mind!
  • Clock Ticks on Bull Market With No New High for Stocks in a Year
    Gary’s Thoughts: Russell and NYSE trading where they were in 2013.