Market lower ahead of Fedís minutes Stock futures weakened during the pre-market trading session, leading to a lower open for the broader market. Renewed missile attacks on Israel from Gaza have heightened tensions in the region once again. Trading is expected to be quiet ahead of the release of the Fedís FOMC minutes at 2 pm ET. The lone economic report scheduled to be released is the weekly Department of Energy Inventory numbers, which are due out at 10:30am ET.
Vanguard REIT ETF volatility at upper end of three-year range Vanguard REIT ETF overall option implied volatility of 18 compares to its 26-week average of 15 according to Track Data, suggesting large near term price movement.
SPDR S&P Oil and Gas Exploration and Production ETF volatility flat SPDR S&P Oil and Gas Exploration and Production ETF overall option implied volatility of 39 compares to its 26-week average of 38 according to Track Data, suggesting non-directional price movement as WIT oil is at a six-year low.