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Stock Market Futures Down Today on New Oil Price
Good morning! Stock market futures today forecast a 59-point decrease from Friday's close on concerns about growth in Japan and a lackluster oil price forecast.
What to watch today: Investors will keep an eye on oil prices after Morgan Stanley (NYSE: MS) slashed its oil forecast through the year 2019. The investment bank predicted that the global energy markets would hit its oversupply peak in the second quarter of 2015, fueled by OPEC's decision not to reduce production.
Good morning! Stock market futures today forecast a 59-point decrease from Friday's close on concerns about growth in Japan and a lackluster oil price forecast.
What to watch today: Investors will keep an eye on oil prices after Morgan Stanley (NYSE: MS) slashed its oil forecast through the year 2019. The investment bank predicted that the global energy markets would hit its oversupply peak in the second quarter of 2015, fueled by OPEC's decision not to reduce production.