Stock futures higher ahead of consumer data
Stock market futures mark moderate gains on Thursday as investors await a key indicator of consumer spending, along with weekly jobless claims and a trio of Fed speakers.
RegMed equities did turn negative after a positive yesterday. The RegMed sector is in an “apathy” period where there’s a lot of uncertainty especially during these summer months. I expect more turbulence in the coming days and even months
DOW futures are UP +0.3% as are the NASDAQ futures +0.3%.
Most European stocks traded higher on Thursday, tracking global equity gains. Japanese and South Korean stocks jump while Mainland Chinese and Hong Kong stocks rose Thursday with Australian stocks rising as well on Thursday in early trade