US futures indicated slightly higher levels at the opening of US markets.
The levels of the indices are quite high and it is not excluded cautious trade before data on retail sales on Friday. This is likely to influence and once again have a consolidation movements.
Data on oil inventories at 17:30 will also be in focus during the US session as oil prices stabilized above $ 40 a barrel. Worse data and a new declines in oil prices may negatively affect the stock market. On the other hand better data will support the price of black gold, which would be positive for the indexes.
The earnings report of Michael Kors are above expectations, but shares fell 2.5% in premarket. Reports today are also expected from Ralph Lauren, Wendy's and Shake Shack.
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