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Market Commentary

Futures point to lower open


Stock futures are lower this morning, suggesting modest losses for the broader market. The Dow managed a slight gain yesterday, keeping its winning streak intact, while the Nasdaq and S&P saw their win streaks stopped. Investors will be looking to the holiday weekend and will receive data on the Leading Economic Indicators and the U.S. rig count. In pre-market trading near 8:30 am ET, Dow futures are 72 points below fair value, Nasdaq futures are 13 points below fair value and S&P futures are 8 points below fair value.

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