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The Bleeding Has Stopped

Joe WeisenthalApr 8, 2014, 13:49 IST

Wikimedia Commons

Good morning!

There's green on the board. For the moment, it seems, the tourniquet has been applied to global markets, and the bleeding has stopped.

European markets are totally flat. US futures are barely in the green after strong selling both yesterday and Friday (with much of it concentrated in the NASDAQ).

Still, we're not looking at a huge rally or anything like that. For now just a breather.

On the economic front, today will be a quiet day, with the only release being the US JOLTS (Job Openings Labor Turnover) report.