At 8:45 a.m. ET futures are moderately higher and the price of oil per barrel is down. The market is poised to open higher.
For the present moment this morning, investors are feeling a little less pressure from a long list of world calamities. We have a slight break in the mess in the Ukraine and this is helpful especially since it directly effects economic powerhouse Germany. Somehow we all need to get through this August in one piece!
CNN: Stocks: 4 things to know before the open
The German foreign ministry reported "some progress" in talks Sunday with Russia and Ukraine.
The National Association of Home Builders will release its latest monthly stats on the U.S. housing market at 10 a.m. ET.
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