US equity futures are edging lower while Asian stocks are mixed, with the MSCI Asia Pacific index having posted a new year-to-date high earlier this week. The S&P 500 could still register a third successive weekly advance, provided today’s US session doesn’t erase what’s left of its 0.18 percent gain since last Friday.
US stock benchmarks have consolidated this week, as realisation sinks in that the next round of fiscal stimulus could need a longer runway before it’s passed, which would most likely be a post-elections event. Without a clear impetus to climb higher, the upside for… Read More:
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