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U.S. stocks higher ahead of confidence, home data

September 29, 2015

Via: itCurated
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U.S. stock futures were higher Tuesday as investors waited for hints on the strength of the U.S. economy from fresh consumer-confidence and housing data.

Erasing earlier losses, futures for the Dow Jones Industrial Average YMZ5, +0.46% rose 48 points, or 0.3%, to 15,957, while those for the S&P 500 index ESZ5, +0.57% climbed 7.65 points, or 0.4%, to 1,879.75. Futures for the Nasdaq 100 index NQZ5, +0.59% added 17.75 points, or 0.4%, to 4,112.50.

With those indicated advances, the benchmarks were on track to partly recover from sharp losses on Monday, when U.S. stocks ended at the lowest level since late August. Stock indexes on both sides of the Atlantic were then slammed by fresh concerns over China’s slowing growth after a lackluster reading on industrial profits.