
The pit is open. The averages are not. The Fed has not typed.
Yahoo Finance, Wednesday 8:05 a.m. ET: Dow futures 52,688. S&P 500 futures 7,683.25. Nasdaq 100 futures 29,421.25. WTI $103.41. Brent $107.03. Tuesdayโs official cash close, AP / WTOP, remains Dow 52,093.11, S&P 7,585.73, Nasdaq 25,981.57. Brent settled $108.75. Futures are not that settle. 9:30 a.m. ET is the open. 4:00 p.m. is the grade.
Bitcoin about $76,034 at 8:15 a.m. ET. FOMC votes today. Chair Kevin Warsh. The policy statement is 2 p.m. ET. Fed funds are still 3.50โ3.75% until they vote. We will not invent a quarter-point. We will not invent a cut. CLARITY cloture already failed 49โ50; that roll call is not this futures print. Chris Wright, via BBC: East-West pipeline oil could flow within days. A prediction is not a barrel through Yanbu.
What this means for you
If you hold an index, the grade is still 52,093 until 4:00. If you needed the Fed, wait until 2 p.m. Not investment advice.
Bottom line: Futures 52,688 at 8:05. Cash still 52,093. Vote is 2 p.m. Not a hike.
GLHR NEWS explains the news. Not investment, tax, or trading advice. Do your own work before you act.
