JonesTrading’s Dave Lutz has this morning’s buzz: Good Morning! US Futures are off small, giving back 15bp of Friday’s rally higher. We will see how long that lasts, as multiple tailwinds are blowing: The $/¥ has gone vertical thru 113, Nikkei futures up 5% from Friday’s close (They have Holiday today); Heavy M&A headlines as Publicis Offers $3.7 Billion for Sapient, Altice Offers $8.8 Billion for PT Portugal, LH $6B deal for CVD; and Seasonality – Over the past 100 years, the best three-month stretch for stocks has been November through January. Over …read more
Source: Business Insider
