Wall Street is looking to reopen on a higher note after suffering its worst Christmas Eve stock trading session in history on Monday. The S&P 500 futures trade six points, or 0.2%, above fair value.
President Trump said he believes the stock market sell-off represents a "tremendous" buying opportunity for investors, according to Bloomberg. The President also expressed confidence in Treasury Secretary Steven Mnuchin and Fed Chairman Jerome Powell, but repeated his criticism of the Fed.
In corporate news, Amazon (AMZN 1368.00, +24.04) is up 1.8% in pre-market hours after announcing a record-breaking holiday season.
U.S. Treasuries sit largely unchanged with the benchmark 10-yr yield flat at 2.74%. The U.S. Dollar Index is up 0.2% to 96.75. WTI crude rebounds 1.2% to $43.03/bbl.
On the data front, the S&P Case-Shiller Home Price Index for October (Briefing.com consensus 5.0%) rose 5.0%, down from the prior month's revised increase of 5.2% (from 5.1%).