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US Futures are Lower After a Strong First Week of Trading

US Futures are lower after a strong first week of trading.  Markets look to take a breather after strong gains in the first week of 2018 which saw the S&P 500 rise by 2.6% over four trading days.  The is no economic data scheduled to be released today.  European shares are mostly higher as consumer confidence in the euro zone reached a 17-year high.  Automobile and material stocks led the gains.  Asian shares closed higher across the board led by new highs in Japan’s Nikkei 225.

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