Thursday, December 7–Jim Wyckoff’s Morning Markets Report
World stock markets were mostly higher overnight. U.S. stock indexes are pointed toward firmer openings when the New York day session begins.
Gold prices are lower in early U.S. trading and hit a more-than-four-month low overnight.
Traders and investors are monitoring U.S. government lawmakers’ negotiations with President Trump over a stop-gap measure to keep the federal government in operation. It’s expected the stop-gap funding bill will be implemented later this week.