Markets Today: Stocks Climb Ahead of FOMC Minutes

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Barchart

Morning Markets March S&P 500 futures (ESH23) this morning are up +0.16%, and March Nasdaq 100 E-Mini futures (NQH23) are up +0.25%. U.S. stock index futures this morning are moderately higher on some short covering ahead of this afternoon’s release of the minutes of the Jan 31-Feb 1 FOMC meeting. The minutes will be scoured for clues of how many policymakers see the need for larger rate hikes and whether the FOMC members anticipated raising rates higher than previously thought to curb persistently-high inflation. Stock indexes were also boosted this morning after T-note yields fell on dovish …

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