What's Happening Today:
- As Asian markets closed mixed for the day and European markets are indicating a mixed start to trading, U.S.-based futures are pointing to a somewhat mixed open. The overriding themes impacting directional bias remains the geopolitical situation in North Korea. While the most recent "war of words" contributed to the overall uneasiness of the situation, market participants are focused on a possible resolution to the matter. After the White House has issued a statement that they did not declare war on the North Korean Regime, the Pentagon has drawn upon a number of variations and scenario planning tactics to deal with the issue. At the forefront of thinking, according to officials, is the impact on the South Korean population.
- Domestically in the U.S., it seems that the latest attempt by the Republican Party to replace Obamacare has once again failed, after reports that a third Republican senator decided to not vote for the bill.