Market preview: Like parents try to calm an irrationally screaming child, central bankers have...

|By:, SA News Editor
Market preview: Like parents try to calm an irrationally screaming child, central bankers have smothered markets with soothing words about how they'll continue to keep the liquidity flowing, Fed tapering and PBOC tightening notwithstanding. It seems to have done the trick and the child is comforted, with U.S stock futures and European shares higher. Decent durable goods data have made things even cozier, although watch out for a data dump at 10 ET. The S&P Mini is +0.6%, the Dow +0.45% and Nasdaq futures are +0.6%. Later: Consumer Confidence, State Street Investor Confidence Index, New Home Sales, Richmond Fed Mfg.