Deal to avoid another shutdown lifts futures
2019-02-12 07:23:47
Stock futures are pointing to a higher open as investors are optimistic over trade talks after the White House said President Trump wants to meet President Xi "very soon" and make a deal. There are also reports that a tentative agreement on border security has emerged and that another government shutdown may be averted. There is little scheduled for release from the domestic economic calendar, but investors will be digesting another heavy round of earnings. In early pre-market trading, Dow futures are 198 points above fair value, Nasdaq futures are 60 points above fair value and…
Stock futures are pointing to a higher open as investors are optimistic over trade talks after the White House said President Trump wants to meet President Xi "very soon" and make a deal. There are also reports that a tentative agreement on border security has emerged and that another government shutdown may be averted. There is little scheduled for release from the domestic economic calendar, but investors will be digesting another heavy round of earnings. In early pre-market trading, Dow futures are 198 points above fair value, Nasdaq futures are 60 points above fair value and S&P futures are 19 points above fair value.