S&P 500, Nasdaq Futures Point To Higher Open As Steep Declines Bring In Bargain Hunters: Analyst Says Market Entering 'Fire And Ice Part Deux'
U.S. index futures point to a firmer start on Wall Street on Tuesday, as the market opens after Monday’s Labor Day holiday. With the market trading at the lowest level since mid-July, bargain hunting in beaten-down quality names could offer some support to the market. That said, caution could continue to remain the undercurrent.
