U.S. futures are slightly higher after volatile start to the week. Stocks recovered about half of the Monday morning decline, closing 0.4% lower on profit taking. This morning stocks will look to open slightly higher with a lack of conviction to start the day. Later this morning, markets will get a look at December new home sales and the ISM non-manufacturing index from February. European stocks are mixed despite euro area PMI coming in better than original estimates. Asian markets closed mixed with Chinese shares leading as Premier Li Keqiang announced new tax cuts to battle challenging economic conditions.
GOOGL- Needham started GOOGL with a Buy rating
US Futures Higher / Asia Mixed / EU Mixed / WTI @ 56.85 +0.26 / Brent 65.73 +0.06 / Nat Gas @ 2.87 +0.01 / Gold @ 1287.10 -0.40 / Platinum 838.90 +1.88 / Silver @ 15.13 +0.02 / Copper @ 2.95 +0.04 / AGS Mixed / Euro @ 1.1327 -0.0001 / 10 Yr UST @ 2.74% / 30 Yr @ 3.11%
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