There's been plenty of excitement on Wall Street this week, between the Federal Reserve interest-rate cut, some earnings stragglers, and all-time highs for all four major U.S. indexes. But today, aside from the triple witching point (the expiration of stock options, stock index futures, and stock index options), there's not a whole lot on the books. No earnings or economic data in sight.
Perhaps it's a lazy Friday for traders — but there are still happenings to report on. President Trump and China's President Xi held trade talks, the U.S. House sent a funding bill to the Senate to try to dodge a government shutdown, and the Estonian government says Russian fighter jets violated its airspace.
Friday Reading
Still, there's not much movement in the markets. After a strong start to the day, which made for at least a few new intraday highs, equity indexes are sagging into midday. The Nasdaq (+0.49%) is the best-performing index for the moment. The S&P 500 (+0.29%) and Dow (+0.29%) were following on. Meanwhile, the Russell 2000 (-0.4%) is pulling back.
But the calm won't last. With next week marking the last full week of the quarter, we'll soon face stacks of earnings reports, economic data and related commentary from companies and analysts. Enjoy this slow day while you can.
TurboTax Via TheStreet
-- Noah Weidner, markets reporter
