Stock futures continue to indicate a positive start following a key economic report from the Commerce Department. The report indicated orders of big-ticket, durable goods fell 0.5% during April. The monthly reading was above expectations. Excluding transportation, durable goods orders increased 2.5%, which is better than expected and up from the 1.7% increase registered in the previous month.
The sentiment is that people are tightening their own belts. Luxury brands will be affected? To see.
