Investing.com – US futures point to a higher opening on Wednesday after President Donald Trump suspected a sharp fall for a buy opportunity.
The blue-chip index rose 98 points or 0.45% to 21,798.0 points at 6:41 AM ET (11:41 GMT), while up 13 points or 0.55% to 2,354.62 Points rose. Meanwhile, tech-heavy trading rose 26 points or 0.44% to 5,918.12 points.
On Monday, the pre-Christmas trading sessions of the US cut the worst Christmas Eve of all time, while the closing price more than 600 points was the edge of the bear market area.
Trump blamed the US Federal Reserve for the decline. But I think they will make it soon. "
Trump would also say the stock would rise again.
We have companies, the biggest in the world, and they are doing really well, they have record numbers of numbers, and I think it's a tremendous buying opportunity." Trump told reporters at the Oval Office on Tuesday.
But analysts remained skeptical of political turmoil in Washington that led to a partial government shutdown on Saturday.
"I can not tell you when the government will be reopened," Trump said after a videoconference at Christmas with US troops overseas. "I can tell you that it will not reopen until we have a wall, a fence, whatever you want to call it. I'll call it whatever they want, but it's all the same. It's a barrier of people pouring into the country, of drugs. "
He added," If you do not have that (the wall), then we just do not open. "
Masahiro Ichikawa, Senior Strategist Sumitomo Mitsui Asset Management said," Markets must now deal with the growing turmoil in the White House that has increased political risk. "
Wednesday's economic calendar is relatively thin. The latest home price report is due at 9:00 AM ET (1
Before the data, the one who measured the dollar against six rivals rose 0.25%.
rose 0.37% to $ 1,276.55 per troy ounce, up 1.18% to $ 43.03 a barrel.
– Reuters contributed to this report.
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