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10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, DB, FB)





Saudi Arabia Crown Prince Mohammed bin Salman

Here is what you need to know.

  1. Powell says rates are ‘just below’ a neutral level. Speaking at the New York Economic Club on Wednesday, Fed Chairman Jerome Powell said there was “a great deal to like” about the US economy and that interest rates were getting close to a neutral level.
  2. The Trump administration is looking into ways to raise tariffs on Chinese autos. US Trade Representative Robert Lighthizer said Wednesday that he was examining ways to raise tariffs on Chinese autos to 40% — the same that China is charging on US-made vehicles, Reuters reports. read more >>>

    Source:: BusinessInsider.Com

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