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US Stocks Pause As Traders Await Powell’s Speech: Analyst Warns Of Retest Of October Lows As Market, Economic Data Conspire Against Monetary Policy

Stocks look set for another nervous session on Tuesday as traders look ahead to comments from Fed Chair Jerome Powell and another batch of earnings reports. Cues From Monday’s Trading:

CVS

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US Deep Freeze Forecast To Break Christmas Eve Records, Storm Claims At Least 15 Lives

Millions of Americans woke up to a devastating Christmas Eve as people witnessed destructive winds, heavy snow, and power cut across the country.  In New York’s Buffalo area, strong winds and heavy snow made visibility close to zero Friday into Saturday, with winds gusting up to 65 mph and making temperatures feel well below zero.

AAL