Futures higher as investors shrug off Syria, eye earnings
2018-04-16 08:08:20
Stock futures are higher despite the U.S. military strikes on Syria on Friday evening. The constrained air strikes led Russia to warn the West that additional strikes would bring chaos to world affairs, but so far there has been relative calm on that front since the strikes. There was little else on the macro economic front as investors will turn their attention to earnings, which will pick up in earnest this week. This morning, the economic calendar includes data on retail sales, business inventories, housing, and several Fed speakers. In pre-market trading, Dow futures are 141 points above…
Stock futures are higher despite the U.S. military strikes on Syria on Friday evening. The constrained air strikes led Russia to warn the West that additional strikes would bring chaos to world affairs, but so far there has been relative calm on that front since the strikes. There was little else on the macro economic front as investors will turn their attention to earnings, which will pick up in earnest this week. This morning, the economic calendar includes data on retail sales, business inventories, housing, and several Fed speakers. In pre-market trading, Dow futures are 141 points above fair value, Nasdaq futures are 37 points above fair value and S&P futures are 15 points above fair value.