Looks like today will be another bad day for equities markets. Asian markets tanked across the globe and our opening futures look pretty bad.
Additionally, European Banks Cuts Rates Sharply last night after dismal economic data showed a recession dead ahead.
Jobless Claims and Productivity numbers are due today, while tomorrow a whole host of data products are due.
Pending Home Sales
Wholesale Inventories Consumer Credit
Bottom Line: I expect Friday's close to be lower than today's open