U.S. stock index futures bounced on Friday, setting up Wall Street's main indexes for gains at the open, with investors waiting for data on ...
REUTERS: U.S. stock index futures bounced on Friday, setting up Wall Street's main indexes for gains at the open, with investors waiting for data on inflation and manufacturing activity.
For further clues on inflation, investors will keep a close watch on the Commerce Department's personal consumption expenditures price index, the Fed's preferred inflation gauge. At 7:12 a.m. ET, Dow e-minis were up 180 points, or 0.69 percent. S&P 500 e-minis were up 17.75 points, or 0.64 percent and Nasdaq 100 e-minis were up 53.5 points, or 0.75 percent.Also on the list is the Institute for Supply Management survey on U.S. manufacturing activity for February which is expected to have slowed slightly from January.
Wall Street's main indexes closed slightly lower on Thursday as support from better-than-feared U.S. GDP data was countered by concerns about earnings and U.S.-China trade relations.
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