Wednesday, October 3, 2018

Futures Point To Positive Opening For Wall Street

In view of the Iran sanctions kicking in on Thursday, oil climbed above $85 barrels and investors are expecting further tightening of the supply chain. Employment report, PMI Services Index and ISM non-manufacturing index are the major announcement on Wednesday. The remarks from the Federal Reserve Chairman Jerome Powell as well as other Fed speeches are closely watched by the investors.

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