Everything's Going Up
Everything's in the green today, just about.
The two big bullish events since yesterday's US close: Strong earnings from Yahoo that sent the stock soaring, and a modest, but relief-bringing GDP beat that gave a boost to much of Asia.
Japan had an absolutely blistering night, as the Nikkei rallied 3%.
Chinese and Hong Kong stocks ended with modest gains.
UK stocks are up 0.5% and Germany is up 0.7%.
US futures are pointing to a higher open.
Today is an active day in the US with a Yellen speech on the economy, as well as the Fed Beige Book, Housing Starts, and Industrial Production.