Goldman profit beat, easing rate-hike bets drive futures higher

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Reuters

By Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) – U.S. stock indexes looked set to open higher on Monday after Goldman Sachs beat profit expectations, extending last week’s positive momentum amid easing bets of a super-sized interest-rate hike by the Federal Reserve. Dow futures rose nearly 300 points in premarket trading, picking up from Friday when U.S. economic data showed stronger-than-expected retail sales, an uptick in consumer sentiment, and lower inflation expectations. “You’re getting the feeling that perhaps all the bad news is out of the way and investors are looking to see i…

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