Markets Steady While Oil Rebounds

Markets continue to drift today as investors keep watch for comments from the Fed on scaling back stimulus measures.

Crude oil was at a three week low, but has bounced back on bets that the global recovery will remain intact despite the delta variant. Treasuries remain mostly unchanged and the dollar has ticked higher. Gold saw some volatility yesterday but since then has remained steady.

Atlanta Fed President Raphael Bostic stated Monday that with stocks at or near records on the back of extraordinary stimulus measures, another strong month or two of employment gains should prompt the central bank to taper asset purchases, and that the Fed should move faster than in past episodes.

Tune in to hear what's moving Tuesday's market and where to trade to end up in green.