Deal News May Add To Tentative Optimism The major U.S. index futures are pointing to a modestly higher opening on Monday, with sentiment reflecting cautious optimism among traders over the likelihood of the European leaders thrashing out a solution to the debt crisis when they meet on Wednesday. Additionally, a flurry of deal announcements of the day should bolster investor confidence in corporate profit growth. Earnings news has also been encouraging. The general risk appetite is reflected in the rally in risky bets. (Oct 24, 2011) Full Article |