Futures above fair value ahead of holiday
2017-11-22 07:28:37
Stock futures are slightly above fair value as the market looks to build on its previous winning session. Market participation may be low today, but historically the day before the Thanksgiving holiday is an up one. Investors will have plenty of data points to watch including reports on weekly jobless claims, durable goods, the University of Michigan consumer confidence reading, and the release of the minutes from last month's FOMC meeting. In early pre-market trading, Dow futures are 27 points above fair value, Nasdaq futures are 4 points above fair value and S&P futures are 1 point…
Stock futures are slightly above fair value as the market looks to build on its previous winning session. Market participation may be low today, but historically the day before the Thanksgiving holiday is an up one. Investors will have plenty of data points to watch including reports on weekly jobless claims, durable goods, the University of Michigan consumer confidence reading, and the release of the minutes from last month's FOMC meeting. In early pre-market trading, Dow futures are 27 points above fair value, Nasdaq futures are 4 points above fair value and S&P futures are 1 point above fair value.