U.S. stocks were set for another higher open on Tuesday, a day after posting new records, as easing political tensions in Britain with the new prime minister and hopes for stimulus boosted risk appetite. The Dow Jones Industrial Average futures were up 80 points recently.
Crude oil prices rebounded from a two-month low benefiting from a weaker dollar with global benchmark Brent crude up 3.01% recently, while West Texas Intermediate gained 2.7%.
At 10:00 a.m. E.T, data are expected to show wholesale inventories rose a modest 0.2% in May compared to a 0.6% gain in April, according to data compiled by Econoday.
Also, at 10:00 a.m., the Labor Department releases the Job Openings and Labor Turnover Survey, providing additional information about the labor market.
Federal reserve bank presidents James Bullard, Neel Kashkari,
