Wall Street set to open higher as Mnuchin comments allay trade concerns

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Wall Street set to open higher as Mnuchin comments allay trade concerns
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U.S. stocks were set to open higher on Tuesday as Washington confirmed that trad...

Even as trade talks remain the primary focus, investors will also keep a watch on the Conference Board’s U.S. consumer confidence reading for September that is expected to come in at 133.5 from a reading of 135.1 in August. The report is due at 10:00 a.m. ET .

“Markets are in this delicate period where investors don’t want too much acceleration because they are concerned that it will put an end to low interest rates but they also don’t want enough slowing to impact corporate profits,” Cherry Lane’s Meckler said.came within striking distance of its July all-time high last week after the Federal Reserve cut interest rates and left the door open for further easing. The index is now 1.2% away from that peak.

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