Momentum May Ebb Amid Mixed Earnings, Ebola Scare
The major U.S. index futures are pointing to a lower opening on Friday, with sentiment suggesting that some of yesterday’s momentum may ebb. Worries about a probable spread of ebola in the U.S. following reports of a U.S. physician in New York contracting the disease and mixed earnings could deter traders from building on their positions. The U.S. dollar is lower across the board, boosting prices of commodities. The new home sales due to be released shortly after the market open may also impact sentiment.