Sentiment Fluid Amid In Line GDP Data as Yellen Comes Calling
The major U.S. index futures are pointing to a slightly lower opening on Friday, with sentiment reflecting apprehensions of traders, as Fed Chair Janet Yellen is set to speak at Jackson Hole a short while from now. The dollar is losing some ground despite hopes among some quarters that the Chair will signal additional rate hikes in the near future.
8/29/2016 8:51:38 AM While trading activity may be somewhat subdued, stocks are likely to move to the upside in early trading on Monday. The major index futures are currently pointing to a modestly higher open for the markets, with the Dow futures up by 16 points.