Futures Are Slightly Lower As Markets Take A Breather Following A Positive Start To The Week For The S&P 500
U.S. stock futures are lower. The futures are slightly lower as markets take a breather following a positive start to the week for the S&P 500, which has seen the index approach all-time highs. In the bond market, lower yields are boosting bonds ahead of a 20-year Treasury auction scheduled for 1 pm today. Shortly after the market opens, data on existing home sales and consumer confidence will be released. Asian markets closed mostly higher after the Bank of Japan maintained negative rates, while European markets are also higher in afternoon trading, driven by lower-than-expected UK inflation data. Crude oil prices are on the rise, and gold is holding steady, while the U.S. Dollar is strengthening.
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