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24 Feb 2015
Wall street could see lackluster trading ahead of Yellen testimony
FXStreet (Mumbai) - The US stock markets are likely to see lackluster trading on Tuesday as investors may prefer to remain on the sidelines ahead of Federal Reserve Janet Yellen's testimony before the Senate Banking Committee.
At the time of writing, the DJIA futures were up 0.07% at 18,098.50, while the S&P 500 futures were down 0.01% at 2106.45 levels. Meanwhile, NASDAQ futures were down 0.09% at 4440.70 and Russell futures were down 0.03% at 1230.00 levels. The VIX futures were down 0.88% at 16.88 levels.
Markets are likely to watch out for Yellen's remarks today and at a House Financial Services Committee hearing on Wednesday. Meanwhile, Standard & Poor's is scheduled to release its report on home prices, while Conference Board is due to release a separate report on consumer confidence in February.
The global cues are mixed, with markets across the Asia-Pacific region having moved mostly higher during trading on Tuesday, while the major European markets are turning in a mixed performance.
At the time of writing, the DJIA futures were up 0.07% at 18,098.50, while the S&P 500 futures were down 0.01% at 2106.45 levels. Meanwhile, NASDAQ futures were down 0.09% at 4440.70 and Russell futures were down 0.03% at 1230.00 levels. The VIX futures were down 0.88% at 16.88 levels.
Markets are likely to watch out for Yellen's remarks today and at a House Financial Services Committee hearing on Wednesday. Meanwhile, Standard & Poor's is scheduled to release its report on home prices, while Conference Board is due to release a separate report on consumer confidence in February.
The global cues are mixed, with markets across the Asia-Pacific region having moved mostly higher during trading on Tuesday, while the major European markets are turning in a mixed performance.