RIDE - Wall Street Breakfast: Sentiment Change?
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Sentiment change?Building on the solid gains seen in the previous session, U.S. stock index futures are pointing higher, as a broad rally takes hold ranging from beaten-down tech shares to reopening plays. Nasdaq futures are ahead by 0.6%, while contracts linked to the Dow and S&P 500 tacked on another 0.3% overnight. Helping sentiment is the lowest level of U.S. COVID-19 cases since June 2020 as Americans look toward Memorial Day and traveling this summer.Fed talk: Lael Brainard, Raphael Bostic and James Bullard all said Monday that they wouldn't be surprised if prices rise in the coming months, but reiterated that most of those gains should be temporary. "Monday's lethargy seems to have been shaken off after a chorus of Fed voices delivered dovish statements, downplaying
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Wall Street Breakfast: Sentiment Change?