Wall Street To Open Moderately Higher

(RTTNews) - Home Prices, Consumer Confidence as well as New Home Sales might get special attention of investors on Tuesday. The earning results from major companies also might influence the market movements on the day. Asian shares finished broadly higher, while European shares are trading positive. Initial trend on the U.S. Futures Index suggest that Wall Street might open mostly higher. As of 7.50 am ET, the Dow futures were adding 205.00 points, the S&P 500 futures were up 15.00 points and the Nasdaq 100 futures were sliding 9.25 points. The U.S. major indices reached new highs on Monday. The Dow surged up 378.13 points or 1.4 percent to 28,308.46, the Nasdaq advanced 67.92 points or 0.6 percent to 11,379.72 and the S&P 500 jumped 34.12 points or 1 percent to 3,431.28. On the economic front, the Redbook data for the week will be issued at 8.55 am ET. In the prior week, the Store sales were down 2.8 percent. Case-Shiller House Price Index for June will be released at 9.00 am ET. The consensus is 20-city adjusted price was for an increase of 0.1 percent, from no change in the prior month. The Federal Housing Finance Agency or FHFA To keep reading about Wall Street To Open Moderately Higher, Click on the link. Seoul, Korea
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