US Stock Futures Rise After Tuesday’s Sell-Off
After nearly two months of threats and talk of default for better or worse it’s over for now. Time for the economy to start to build again in the hopes that one political party or the other won’t ambush it again just as it reaches the top of the pit. We will have some more reports coming that cover that period of despair, so expect a few more jogs down, but the overall trend should now improve. It’s not going to be a boom, but there are things to be said for slow, steady, persistent growth.
U.S. stock futures are rising one day after a broad sell-off left the S&P 500 index lower for the year.
Investors will receive reports Wednesday on June factory orders and a reading of growth in the service sector of the economy. Concerns about the economy have sent stocks lower recently.