Dave Lutz at JonesTrading has the top topics about which traders are talking about today: Good Morning, and welcome to Expiry Friday! Dovish tailwinds are propelling the market higher, as BoE’s chief economist (usually hawkish) said overnight – “interest rates could stay low for longer,” reinforcing dovish momentum from Fed’s Bullard comments yesterday. US Futures are up ~1%, led by a 1.4% pop in Nasdaq, despite weaker results from GOOG and AMD weighing. Most of the upside coming from AAPL and Biotechs, along with Semis like QLGC and XLNX. EU markets are …read more
Source: Business Insider
