Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:
1. Economics
1. Economics
U.S. inflation data is coming out at 8:30 a.m. ET. The Federal Reserve keeps a close eye on this number when it makes interest rate decisions.
The Bank of England's decisions on key interest rates and monetary policy comes out at noon local time, which is 7 a.m. ET. It is expected to keep rates unchanged.
China will post its first quarter GDP at 10 p.m. ET on Thursday -- or 10 a.m. local time on Friday.
2. Stock market movers
2. Stock market movers
Chesapeake Energy, Burberry: Shares in Chesapeake Energy (CHK) are pulling back in premarket trading after they skyrocketed by about 60% earlier this week. Investors bid shares higher as worries subsided about a liquidity crunch at the oil and natural gas company.
Shares in Burberry (BURBY) are dropping by about 8% in London trading, making them the worst performer on the FTSE 100. Investors are selling after the fashion company reported worse-than-expected half year results.
3. International markets overview
3. International markets overview
U.S. stock futures are slipping a tad and European markets are looking a bit soft in early trading.
Asian markets mostly ended the day with gains.
Crude oil futures are slipping a tad to trade around $41.50 per barrel. Gold is also down a bit, though the price has rallied by 17% since the start of the year.
4. Wednesday market recap
4. Wednesday market recap
Stock markets were lively on Wednesday.
The Dow Jones industrial average jumped 1.1%, the S&P 500 rose by 1% and the Nasdaq rallied by 1.6%.
This follows another strong session on Tuesday.
