Bargain Hunting May Contribute To Initial Strength On Wall Street

U.S. stock futures point to a higher open, with S&P 500 futures up 0.8% after last Friday’s sell-off. The move suggests a modest risk-on rebound in early trading rather than a fundamental shift in the macro backdrop.

Analysis

U.S. stock futures point to a higher open, with S&P 500 futures up 0.8% after last Friday’s sell-off. The move suggests a modest risk-on rebound in early trading rather than a fundamental shift in the macro backdrop.