At 8:00 a.m. futures are ever so slightly up, the dollar is mixed against the major currencies, and oil is up again.
Recall that oil was down below $70 per barrel just a short time ago. Now it seems to be heading back towards $80 presently perched at $75.
Who knows what is going on. Allegedly with today being the last trading day in May, investors will want to make the month look good and so they will buy.
We shall see.
CNN: Stocks set for higher open
"It's the last day of the month, so traders will buy into the close just to make [May] look better..."
A report on personal income and spending comes out at 8:30 a.m. ET.
U.S. light crude oil for July delivery gained 66 cents to $75.21 a barrel.
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