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Market Commentary

Futures pointing a bit higher ahead of economic data

08:20

Stock futures are trading a bit above fair value, though there was little news overnight to move the needle. Investors will be watching the domestic economic calendar, which has the Case-Shiller home price report, New home sales data, the Conference Board consumer confidence reading, and the Richmond Fed manufacturing index scheduled for release. In early pre-market trading, Dow futures are 27 points above fair value, Nasdaq futures are 16 points above fair value and S&P futures are 1 point above fair value.

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