STRIPS

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened: On Feb. 15, 1985, the federal government began allowing Treasury securities to be broken into STRIPS, or Separate Trading of Registered Interest and Principal of Securities. Where...

Futures Flat Ahead of Fed Speak U.S. equity futures traded flat in early pre-market trade ahead of some key earnings reports, notably from drug store chain CVS (NYSE: CVS). Also, a speech from Fed President Charles Evans could move markets this morning. Top News In other news around the markets...