S&P 500, Nasdaq Set To Break 6-Day Rally Today? Traders Await Fed Cues, Analyst Says Seasonal Rally Has Started With Gusto

Sentiment appears to have dipped after a six-session winning streak. Stock futures indicate a modestly lower opening on Tuesday as small and mid-cap earnings reports gain momentum. Reaction to earnings has been mixed, adding to the prevailing uncertainty. The day is expected to be dominated by a series of Federal Reserve speeches. Oil prices are retreating due to mixed China data, and bond yields are slipping. Cues From Monday’s Trading: Stocks traded lacklusterly on Monday as traders took a breather following recent gains. Comments by Federal Reserve Governor Lisa Cook, leaning towards dovish…

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