U.S. stock futures inch higher after Friday’s Wall Street selloff; oil
falls as OPEC+ extends output boost
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U.S. stock-market futures advanced Sunday, after Wall Street ended last
week with its worst session since April.
9 minutes ago
Seeded by Brian Stora
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My colleague makes a good case that Europe is on the verge of a double dip. What about America? Its odds of recession have risen in the last month but I’d still put them below 50%. Yes, stock and bond markets have discounted the worst, but the hard data has actually gotten better. First, there was the positive employment report last Friday, largely drowned out by Standard & Poor’s downgrade of America’s credit rating.