US Futures Indicated Higher as European Markets Selling-Off
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US stock futures are indicated higher this morning even as European indices are trading down about 0.5% amid continued concerns over Greek debt. Today's move higher follows a 150 point sell-off in the Dow Jones yesterday, the largest decline in the average in about three weeks.
At last check, Dow futures were up 45 points, Nasdaq futures were up 8 points and the S&P 500 was indicated about 5 points higher.
After an unexpected drop in existing home sales roiled markets yesterday, traders will look to new home sales data today as another indication on the housing market. Later in the day, at around 2:15pm ET, the Fed will release its all-important FOMC rate decision. Economists are expected the Fed to hold its key interest rate pat at 0.25%.
At last check, Dow futures were up 45 points, Nasdaq futures were up 8 points and the S&P 500 was indicated about 5 points higher.
After an unexpected drop in existing home sales roiled markets yesterday, traders will look to new home sales data today as another indication on the housing market. Later in the day, at around 2:15pm ET, the Fed will release its all-important FOMC rate decision. Economists are expected the Fed to hold its key interest rate pat at 0.25%.
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