Stocks Poised to Open Higher

Investors appear to be shrugging off a fresh batch of profit warnings from major tech names, as new economic data point to a more tempered slowdown

Despite the latest earnings cautions from major technology companies, stocks are expected to open slightly higher as government reports on retail sales figures and a key wholesale inflation index pointed to a more tempered slowdown. Though the data weren't as negative as many expected, investors continue to have high hopes that the Federal Reserve will lower interest rates at the its next policy meeting.

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