| 2016-10-11 07:18:26|
07:18 10/11 10/11/16
Stock index futures mixed as oil pulls back
U.S. equity futures are trading lower following yesterday's gains. There was limited macro news overnight and little new on the U.S. political front. Oil prices rose yesterday on reports OPEC would agree on a production freeze, however, many analysts are skeptical an agreement can be reached. Oil is lower by roughly 0.7% in early trading and has moved slightly below $51 a barrel. In early pre-market trading, Dow futures are 3 points above fair value, Nasdaq futures are 2 points above fair value and S&P futures are 2 points below fair value.