Wall Street set to open higher

Market Reports | Markets 11/29/2016, 1:32 PM
Wall Street set to open higher

Markets in the United States are expected to open in the green on Tuesday as investors focused on U.S. gross domestic product (GDP) data later today and the upcoming Organization of the Petroleum Exporting Countries (OPEC) meeting on Wednesday. 

The Dow Jones was seen 0.12% higher, the Nasdaq 100 was set to increase 0.26% and the S&P 500 futures pointed to a rise of 0.19%.

The dollar index went up 0.24% to 101.43 at 1:25 p.m. CET. The greenback climbed 0.71% against the yen to sell for 112.893 at 1:26 p.m. CET and the euro was down 0.17% compared to the dollar going for 1.0589 at 1:27 p.m. CET. Sterling gained 0.56% compared to the U.S. currency to change hands for 1.2482 at 1:28 p.m. CET.

Crude prices declined almost 2% on fears that OPEC member states will fail to reach an agreement on an output cut at the organization's meeting tomorrow.

TeleTrader Newsroom / NP


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