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U.S.-China tensions are on the rise today as U.S. House Speaker Nancy Pelosi is reportedly set to visit Taiwan Tuesday evening. China has vowed retaliation. Global stock markets were mostly lower overnight. U.S. stock indexes are pointed toward weaker openings when the New York day session beings. The key outside markets today see Nymex crude oil prices near steady and trading around $93.75 a barrel. Traders are awaiting an OPEC meeting Wednesday. The U.S. dollar index is slightly higher in early U.S. trading. The yield on the 10-year U.S. Treasury note is fetching 2.56%.
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