7:30 EDT -- Despite more signs of growth slowing in China, US
stock futures lean positive premarket, though not enough to suggest
great conviction behind another move higher. Stocks in Europe
currently lower which could make it tough for US equities to get
early upside traction once trading begins. Plenty of economic data
this week, including gauges on home prices, new home sales along
with pending sales, durable goods orders, another look at 4Q GDP
and a couple readings on consumer confidence. Chicago Fed's
National Activity index set for 8:30am ET. S&P futures up 4.25;
10-yr note lower, yield at 2.77%. (john.shipman@wsj.com)
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