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Earnings, PMIs: Daily Contrarian, April 22
Good morning contrarians! Stock futures are lower a day after reversing course and posting losses. The catalyst was comments by Fed chair Jerome Powell signaling a rate hike of 0.5% at the Fed’s meeting next month.

This morning we have some earnings: $SLB just beat on top- and bottom-line estimates. Also before the open we’ll get $AXP $VZ and $KMB

Later we’ll get Markit PMIs.

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Earnings, PMIs: Daily Contrarian, April 22
Stocks are continuing to sell off, apparently spooked by hawkish comments from the Federal Reserve…

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