Wednesday, November 2, 2011

Good Morning...

Stock index futures are pointing to a mild rebound at today's open as investors keep an eye on the situation in Europe and the drama surrounding the Greek bailout referendum.

The Fed will conclude its two-day meeting with an interest rate decision and statement at 12:30pm ET, followed by Fed chairman Ben Bernanke's news conference at 2:15pm ET.

Ahead of that, investors will be keying on the monthly ADP report on private sector employment for October.

Economists think the economy added 100,000 private sector jobs last month, slightly higher than the 91,000 registered in September.

Many of the nation's chain stores will report their individual October sales results this morning, closely watched as a possible indicator of how the holiday season may go.

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