Futures suggest positive start to week
2017-06-19 07:38:42
Stock futures are higher, suggesting a positive start to the week for the broader market. There is little to account for the positive bias other than perhaps the lack of any major macro news and the French elections, which had President Emmanuel Macron's party secure a solid majority in Parliament. Brexit talks will pick up this week and two special U.S. congressional seats will be up for election, which is being treated as a referendum on Trump administration policies. In early pre-market trading, Dow futures are 79 points above fair value, Nasdaq futures are 38 points above fair value…
Stock futures are higher, suggesting a positive start to the week for the broader market. There is little to account for the positive bias other than perhaps the lack of any major macro news and the French elections, which had President Emmanuel Macron's party secure a solid majority in Parliament. Brexit talks will pick up this week and two special U.S. congressional seats will be up for election, which is being treated as a referendum on Trump administration policies. In early pre-market trading, Dow futures are 79 points above fair value, Nasdaq futures are 38 points above fair value and S&P futures are 9 points above fair value.