Taking advantage from the advance GDP publication for the third quarter (+ 3.5% against 3.1% expected in the first estimate), the S&P 500 should limit damages and open slightly down 0.2%.

European markets are not well oriented due to the banking sector influence and peripheral euro area countries (Spain, Portugal, Italy, and Greece).

Traders also reacted negatively as the FOMC has shown a bit less accommodating yesterday with a probably faster interest rates rise. It has, as expected, announced the end of the QE3 and currently maintains its policy rate close to zero for a considerable period.

Regarding statistics, Unemployment claims has been released at 287K against 284K expected. No other statistics will be published today.

The S&P 500 finished slightly down by 0.14% to 1982 points yesterday.

Graphically, the dynamic remains bullish on daily data over the 1965 points. Only the breakdown of this level would suggest the beginning of a consolidation towards 1946 then 1927/1905 points.