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Dow Jones futures still digesting conflicting retail results

The two big US retail giants reporting today have now released their Q4 results and it was rather conflicting news from Walmart and Home Depot. Both of these companies are leading Dow Jones components and following their results we have mixed price action in their pre-market share price. Walmart stock is rising in the pre-market, where Home Depot is falling and that explains the lack of traction in the Dow Jones overall ahead of the opening. I will not go into detail on all this as there is not enough narrative here to do that, but the overall impact has resulted in little change for the Dow Jones opening outlook. The index is also not making any real progress following the somewhat disappointing Philly Fed non-manufacturing index. The Dow Jones is currently priced to reopen at around 38,500 
 

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