Tuesday, February 10, 2009
Market Notes - February 10, 2009
The futures market remains flat to slightly lower ahead of the expected announcement on the recovery plan. Treasury Secretary Timothy Geithner is expected to speak at 11:00 ET, unveiling the details. Separately, the Senate is reportedly set for a formal vote on its $838 billion version of the stimulus bill and Fed Chairman Ben Bernanke testifies before the House Financial Services Committee at 1:00 ET about the Fed's lending activity.