Futures quiet Stock futures are suggesting a slightly higher open as the Black Friday trading session is set to begin. Volume is expected to be light as it is every year the day after Thanksgiving, and the market will close early as is it usually does on this day. No economic data is slated to be released, and the news flow is expected to be slow.
BofA/Merrill to hold a conference 2015 Payments & Card Conference is being held in Scottsdale, AZ on May 18-20.
Futures slightly lower ahead of opening of new week U.S. equity futures are below fair value following a weekend of quiet news flow. The first quarter earnings season is winding down and investors are beginning to look forward to the long Memorial Day weekend. Today’s focus will be on the housing data due out at 10:00am EDT with the release of the NAHB housing market index. Many have expressed concern that the housing rebound will remain muted for the foreseeable future as the Fed gears up to begin raising interest rates.