US stocks looking softer in early trading
The S&P is down 7 ticks at 2170 40 minutes after the open. Maybe we're seeing some pre-FOMC minutes nerves with Dudley's hawkish comments from yesterday still ringing in many ears.
S&P daily chart
Around 2150/55 is where we should see better support building and that might come into play if we get very hawkish minutes later.
For the rest, the Dow is -53 at 18499 and the Nasdaq is -15 at 5211. US 10 years get you the princely sum of 1.57%, -1bp on the day.
