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Home / Business / US stock futures point to slight gains after Tuesday's record close

US stock futures point to slight gains after Tuesday's record close



US. Stock futures indicated marginal gains at the opening on Wednesday after a record close in the previous session.

The market focus is broadly on the earnings season after the Nasdaq and S & P 500 indices reached record highs in the previous session, with more than feared big business numbers.

"If there's a profit recession out there, it's hard to tell in the latest earnings series," said Ed Yardeni, president and chief investment strategist at Yardeni Research.

Tuesday's move towards an all-time high ended in less than six months after a sharp decline at the end of December, leading the S & P 500 to its worst annual performance since 2008. However, stock prices quickly turned around as the Federal Reserve reversed its course monetary policy, while the tone in US-China trade talks improved.


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