Wall Street Rises Pre-Bell on Interest Rates and Economic Reports; Asia and Europe Also Up
Good news for investors! TSX futures are on the rise as we head into a data-packed week. Barclays has also revised its forecast for the S&P 500 index, bumping it up to 6,600 from 6,500 for 2025. This positive outlook is reflected in pre-market trading, with the index showing a 0.35% increase to 5,969.34 points.
Interest rates and economic reports have been boosting Wall Street before the opening bell, with both Asia and Europe seeing gains. Dow Futures are also on the rise, an encouraging sign for investors as they welcome the Bessent pick.
It’s shaping up to be an exciting time in the market as we look ahead to more developments and data in the coming days. Stay tuned for more updates as the week progresses!
