Equity markets in Asia closed on a positive note amid the euphoria generated by China's surprise announcement of a 50-basis point cut in the reserve requirement for banks.
The major U.S. index futures are currently pointing to a higher open on Thursday, with stocks likely to move back to the upside after pulling back well off their highs late in the previous session.
The major U.S. index futures are currently pointing to a lower open on Tuesday, with stocks poised to extend the pullback seen in the previous session. Traders may continue to cash in on recent strength in the markets amid concerns optimism about the outlook for interest rates have led to overbought conditions.
The major U.S. index futures are currently pointing to a lower open on Monday, with stocks likely to give back ground after ending last Friday's trading mostly higher.
The major U.S. index futures are currently pointing to a lower open on Monday, with stocks likely to give back ground after ending last Friday's trading mostly higher.