U.S. index futures are modestly higher in early trading on Monday, suggesting that the upward momentum remains intact, albeit laced with caution. Traders will likely scan speeches by Federal Reserve officials for confirmation regarding rate trajectory. The global markets have taken development in the Middle East in their stride, underlining their resilience.
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U.S. stocks are poised for a cautious start on Friday as concerns about rising interest rates return. Traders are waiting for a significant catalyst to propel the market higher after its recent record run.
Stocks may take a breather after Wednesday’s record run, fueled by a mild consumer price inflation report, with index futures holding relatively steady in early trading.