US Dollar is crushing on Thursday - 4 Tips for Today's Trading
Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:
1. Following the Fed
U.S. stock futures are slipping a bit after markets made solid gains Wednesday.
2. Rate decisions in Europe
European markets were in positive territory in early trading but turned weaker by mid-morning.
3. Gold sparkles, oil rallies
Gold prices are rising by about 3% to trade near their highest level in over a year.
Crude oil futures are also surging by about 2% to trade just above $39 per barrel. Many traders are hopeful that major oil producers will soon agree to freeze production. Many of the world's top oil producers are meeting about this on April 17 in Doha, Qatar.
4. Wednesday market recap
The Dow Jones industrial average was up 0.4% on Wednesday, the S&P 500 jumped 0.6% and the Nasdaq added 0.8%.