US stock futures rise on China data ahead of upcoming Federal Reserve policy meeting
Most stock indices were up on Tuesday following upbeat Chinese retail sales data. Traders also prepared for the Federal Reserve policy meeting that starts on Tuesday. Visit Business Insider's homepage for more storiesUS stock index futures rose on Tuesday, pointing to a second day of gains on Wall Street, after Chinese data reflected ongoing recovery in the world's second largest economy and investors eyed an upcoming Federal Reserve meeting on monetary policy.
The dollar came under pressure ahead of a 2-day Fed meeting that kicks off on Tuesday, the last before the US presidential election in early November.
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