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US Futures Rise After GDP; ECB Decision in Focus: Markets Wrap

US stock futures rose after data showed the US economy rebounded in the third quarter, with traders still digesting the European Central Bank’s decision to raise its policy rate and signal more tightening ahead. Contracts on the S&P 500 climbed, while futures on the Nasdaq 100 wavered. The dollar trimmed gains and Treasuries pared losses after data showed that US gross domestic product advanced for the first time this year. “On the one hand, it is good to see that the economy is continuing to grow and that should bode well for the stock market,” said Chris Zaccarelli, chief investment […]

The post US Futures Rise After GDP; ECB Decision in Focus: Markets Wrap appeared first on Vladimir Ribakov.



This post first appeared on Professional Forex Trader And Mentor, please read the originial post: here

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US Futures Rise After GDP; ECB Decision in Focus: Markets Wrap

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