Stock Futures Maintain Cautious Gains, Investors Nervous After Paris Raid
U.S. stock futures are cautiously higher but investors were unnerved by early morning developments in Paris that has rekindled demand for safe-haven assets. A military raid on a terrorist safe-house in Saint Denis spooked European investors, causing overseas bourses to head back into negative territory, trimming U.S. market's early gains in sympathy. Additionally, Wall Street is also guarded ahead of the minutes of the October Federal Open Market Committee meeting which could indicate a more hawkish bias by Fed Chair Yellen and other voting members.
This morning's economic data includes October housing starts (expected -3.6% to 1.162 million) and permits (expected +4.3% to 1.150 million).
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