Stocks set for a higher open after retail sales data, earnings
Filed under: Economy, Investing, Cisco Corp
U.S. stocks are poised for a weak opening Thursday morning after finishing barely changed Wednesday following the Federal Reserve's statement that it was keeping rates at record low levels. Wall Street wanted a stronger show of confidence in the economy.Also in focus this morning are retail chain-stores October sales. And earnings from tech giant Cisco (CSCO), which also gave an upbeat outlook could give a boost to tech.
[Update: Futures now point to a higher open following retail sales data, earnings and lower claims numbers.]
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