US stocks are now being called to open slight lower, with losses of 0.2 per cent on average for the main market averages.

Nevertheless, and despite some observers´ fears of a possible impending correction in the market, market commentary seems to still be relatively buoyant.

That comes as the S&P 500 is now barely one-and-a-half percentage points below its all-time highs and ahead of a data heavy calendar in the next few days.

Warehouse-club chain Costco Wholesale has unveiled a 39% increase in quarterly profits while Yum Brands has cheered investors with its latest sales figures.

Stock of VeriFone Systems has snapped higher after its Chief Executive Officer announced that he is stepping down.

Front month West Texas crude futures are rising by 1.27% to the 93.23 dollar mark on the NYMEX.

10 year US Treasury yields are higher by 3 basis points to the 2.03% mark.

AB

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