US equities set for modest decline at the open

  • S&P futures down 8 points
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S&P 500 futures are modestly lower, trading down 8 points to 3999. The index rose yesterday as banking worries faded but today, short-dated yields are creeping higher and that's led to a standstill.

Eyes will remain on regional banks at the open along with US consumer confidence and the Richmond Fed at the top of the hour.

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