Rumors Of A 50 Basis Point Rate Cut

According to the Wall Street Journal, some former Fed officials are favoring a 50 basis point rate cut next week.

PRE-OPEN MARKET COMMENTS FRIDAY - The market erased all of the losses from last Friday's soft jobs report and it is within striking distance of the all-time high. All eyes are focused on the FOMC statement next week.

Daily Bulletin Continues...