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Fed’s Goolsbee: Increase in productivity seeming to be a tech driven boom

Chicago Fed Pres. Goolsbee is speaking and says:

  • Increase in productivity growth appears to be a technology driven boom

Fed Governor Waller and St. Louis Fed Pres. Musalem are speaking at a St. Louis Fed event at around 9:35 AM ET.

US stocks are higher in premarket trading. The futures are continuing it premarket moved to the upside off of trade turf hopes and Pres. Trump saying he won’t sack Too Late Powell.

  • Dow Industrial average was 802 points
  • S&P index up 138 points
  • NASDAQ index +567 points

This article was written by Greg Michalowski at www.forexlive.com.

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