Sentiment Positive Ahead of Manufacturing Data
The major U.S. index futures are pointing to a higher opening on Tuesday, with sentiment suggesting modest strength ahead of some key domestic economic data releases. In Europe, the mood is rendered mixed, with the U.K. bank stress results offering support to the U.K. market, while the remaining major averages are modestly lower. The dollar is slightly weaker against most currencies and the commodities are seeing modest strength. Despite weak Chinese manufacturing data, Asian stocks rallied. The domestic markets now turn their attention to the results of the national manufacturing survey.
12/1/2015 8:55:27 AM On the heels of the weakness seen in the previous session, stocks may move back to the upside in early trading on Tuesday. The major index futures are currently pointing to a higher open for the markets, with the Dow futures up by 56 points.