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The Morning Look

ByGary Kaltbaum

Market Update:

Stock futures are higher ahead of Tuesday’s open as the recent and strong post Brexit rally continues.

Gary’s Thoughts: And away we go. Don’t argue. Foreign markets, which had been horrible, are quickly popping back up some.

Economic Data:

  • NFIB Small Business Optimism Index 6:00 AM ET
  • James Bullard Speaks 8:45 AM ET
  • Redbook 8:55 AM ET
  • JOLTS 10:00 AM ET
  • Wholesale Trade 10:00 AM ET
  • Neel Kashkari Speaks 5:30 PM ET
  • Loretta J. Mester Speaks 10:30 PM ET

Highlights:

  • Multiple people shot at courthouse in southwest Michigan
    Gary’s Thoughts: We think someone better put the hammer down on all this.
  • Britain’s Theresa May wins PM race after pro-Brexit rival quits. She’s the first woman to take over since Margaret Thatcher.
    Gary’s Thoughts: Good luck!