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Pre-Market Quotes Bounce After Friday's Triple Digit Plunge
Pre-market quotes for Monday, March 16, forecasted an 80-point gain from Friday's Dow close when the DJIA Index shed 145 points on Friday because of falling crude oil prices and investor jitters about possible interest rate increases in the near future.
Today, the markets will respond to a light macro data release schedule that focuses just on February industrial production data and the Federal Reserve's report on Treasury International Capital (TIC). A light schedule is compounded by investors' anxiety over the start of this week's FOMC meeting.
Pre-market quotes for Monday, March 16, forecasted an 80-point gain from Friday's Dow close when the DJIA Index shed 145 points on Friday because of falling crude oil prices and investor jitters about possible interest rate increases in the near future.
Today, the markets will respond to a light macro data release schedule that focuses just on February industrial production data and the Federal Reserve's report on Treasury International Capital (TIC). A light schedule is compounded by investors' anxiety over the start of this week's FOMC meeting.