Futures higher in rebound from yesterday's selloff
2018-09-25 07:26:36
Stock futures are pointing to a positive open as the market tries to claw back from its selloff yesterday. The U.S. and South Korea renegotiated a free-trade deal, which was President Trump's first, spurring hopes that other deals may follow. The Fed begins its two-day FOMC meeting, which is widely expected to conclude with an interest rate hike of a quarter point. Oil prices hit a four-year high as Russia and Iran refused to increase production to combat higher oil prices. In early pre-market trading, Dow futures are 104 points above fair value, Nasdaq futures are 23 points above fair…
Stock futures are pointing to a positive open as the market tries to claw back from its selloff yesterday. The U.S. and South Korea renegotiated a free-trade deal, which was President Trump's first, spurring hopes that other deals may follow. The Fed begins its two-day FOMC meeting, which is widely expected to conclude with an interest rate hike of a quarter point. Oil prices hit a four-year high as Russia and Iran refused to increase production to combat higher oil prices. In early pre-market trading, Dow futures are 104 points above fair value, Nasdaq futures are 23 points above fair value and S&P futures are 8 points above fair value.