Last week was the worst of the year for major US averages with the Nasdaq particularly soft. Today, index futures are higher with S&P 500 futures up 29 points, or 0.6%. Nasdaq futures are up 0.7%.
Eyes are on Tesla with shares down 3% pre-market after more price cuts in the US and China.
This article was written by Adam Button at www.forexlive.com.
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