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Futures Muted As Caution Looms Ahead Of Data-Packed Week

U.S. stock index futures were subdued on Monday, following a strong close to the previous week, with focus on a slew of economic data points which could clear out some uncertainty on the outlook for interest rate cuts. The latest milestone in a four-month rally among Wall Street’s main indexes was the S&P 500 closing above the psychological 5,000-point level on Friday, while the Nasdaq briefly surpassed the 16,000 mark, bringing it closer to its all-time high hit in November 2021. “Investors now wonder if it is time to take some profits ahead of a likely market drop from exhaustion […]

The post Futures Muted As Caution Looms Ahead Of Data-Packed Week 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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Futures Muted As Caution Looms Ahead Of Data-Packed Week

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