US stocks set to climb at the open as IPO fever hits

content provided with permission by FXStreetRead full post at

Futures point to a solid gain

Futures point to a solid gain

Fed day is historically one of the best days to own equities. So far, that’s continuing with S&P 500 futures pointing to a 17 point gain at the open. The index rose 18 points yesterday but struggled after an opening gap higher.

The Snowflake IPO is the big event for equity traders. The IPO price was set at $120 but there’s likely to be a big pop given the retail fever.

For bank trade ideas, check out eFX Plus