Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:
1) More Stimulus?
1) More Stimulus?
There's a slim chance the ECB will use its last meeting of the year to announce more help for the stagnant Eurozone economy. More likely is a strong hint, perhaps even a promise, from President Mario Draghi of more action to come early in 2015.
The central bank will cut its forecasts for Eurozone growth and inflation at Thursday's meeting.
Most major European markets were narrowly firmer in early trading. The euro was becalmed versus the dollar, having lost 10% so far this year to trade at a two-year low.
Asian markets posted clear gains.
2) Oil Prices Steady
2) Oil Prices Steady
After a turbulent few weeks, oil prices look to be stabilizing. US crude futures were slightly higher at nearly $68 a barrel.
The sharp fall this year is damaging high cost producers but generating a windfall for consumers and drivers. Gas prices for a lucky few have even fallen below $2 a gallon.
3) Stock Market Movers
3) Stock Market Movers
General Motors: Shares in GM (GM) were trading about 2% firmer premarket. News about GM has improved recently after a months of damaging recall headlines.
4) Futures Flat
4) Futures Flat
US stock futures were little changed. US stocks rose to new record highs again Wednesday.
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