Stock futures were modestly higher on Monday evening ahead of the central bank’s September meeting.
On the economic front, investors will get a fresh look at the housing market on Tuesday morning with the August reports for housing starts and building permits.U.S. stock futures opened modestly higher on Monday evening, suggesting that the late-day rise for equities may carry over into the next session.Stocks break losing streak on MondaySPDR S&P 500 and Invesco QQQ both surpassed their 30-day average volume.Nine of 11 sectors were positive, with materials up the highest at 1.6%.
The U.S. two-year, five-year and 10-year Treasury notes all hit highs not seen in more than a decade. DJ Transports gained nearly 2%, breaking a four-day losing streak. It was the largest gain of any of the major U.S. indices, which all were positive at the close.
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