Stock Futures Are Higher In The Pre-Market, Marking The Seventh Consecutive Positive End
U.S. stock futures are higher. Stock futures are higher in the pre-market following last week's market closure, marking the seventh consecutive positive end as markets reacted positively to a more dovish Fed meeting than expected. Yields are mixed, with recent statements from Fed speakers walking-back the notion of active discussions on rate cuts by the Fed. There are no major economic data releases for today, while housing starts data will be released tomorrow before the market opens. European markets show a mixed trend after five consecutive weeks of gains, whereas Asian markets closed lower at the beginning of the week. Gold prices are slightly rising and oil prices are also gaining traction to reverse recent weakness. The U.S. Dollar remains steady.
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