U.S. stock futures were set to open higher today, following the lead of a European rally.
The economic calendar will be very light today. After the opening bell, the Federal Housing Finance Agency releases its July home price index. Prices are expected to have risen 0.5% after rising 0.5% in June. Separately, the Federal Reserve’s policy-setting Open Market Committee begins its two-day meeting, with its latest economic and interest rate pronouncement set for tomorrow at 2:15 pm ET.
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