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Friday, March 18, 2022

Friday Watch List

A report on U.S. existing home sales for February is set for 9 a.m. CDT Friday, the same time as the Conference Board's U.S. index of leading indicators. Traders will check the latest weather forecasts and continue to monitor news from Ukraine.

Weather

A storm system will continue to move northeastward from the Ozarks up the Ohio River Valley on Friday. A batch of thunderstorms across Mississippi and Alabama will eventually outrun its forcing this afternoon, but another band or isolated showers may form behind this initial band later in the day, bringing risks of severe weather from the Ohio River to the Gulf Coast. Moderate showers will fall north of the severe threat from the Ozarks through the Midwest. Snow will mix in on the northern side of the band with some light accumulations from northeast Kansas through northern Michigan.