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08:36 ET S&P futures vs fair value: +8.7. Nasdaq futures vs fair value: +8.5.
Good news in the economic data as the initial claims and retail sales reports were both better than expected... The inferences drawn from the data are that the job market is getting better and that the consumer remains alive and well... Futures market has caught a bid on the data, and now, the cash market is poised to make a decent push to the upside when trading begins.
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