Futures hold steady before last session of rollercoaster week
- Closing higher yesterday after a wobbly session, U.S. stock futures
largely hugged the flatline overnight, though the S&P 500 is still on
course for a fourth consecutive week of losses.
- The economic calendar is light today with only durable goods due to be
published at 8:30 a.m. ET, on the back of weak jobless claims data seen
Thursday.
- Most of the market focus appears to be on breakthroughs in stimulus
talks after Treasury Secretary Steven Mnuchin and House Speaker Nancy
Pelosi restarted discussions. Many worry a lack of fresh coronavirus aid
could derail an economic recovery.
- COVID-19 cases are meanwhile growing across the U.S., with infections
rising
in 22 states over the past week. The U.S. is now averaging roughly
43,000 new cases per day, a 16% increase from a week ago (testing is up
by
almost 22% over the same period).
|Today, 5:45 AM
- Closing higher yesterday after a wobbly session, U.S. stock futures
largely hugged the flatline overnight, though the S&P 500 is still on
course for a fourth consecutive week of losses.
- The economic calendar is light today with only durable goods due to be
published at 8:30 a.m. ET, on the back of weak jobless claims data seen
Thursday.
- Most of the market focus appears to be on breakthroughs in stimulus
talks after Treasury Secretary Steven Mnuchin and House Speaker Nancy
Pelosi restarted discussions. Many worry a lack of fresh coronavirus aid
could derail an economic recovery.
- COVID-19 cases are meanwhile growing across the U.S., with infections
rising
in 22 states over the past week. The U.S. is now averaging roughly
43,000 new cases per day, a 16% increase from a week ago (testing is up
by
almost 22% over the same period).
|Today, 5:45 AM
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