India, Aug. 9 -- S&P 500 Index to open on Monday, August 10, on the positive track after reaching an all-time high of 7,757.64 on Friday. The index rose by 0.62% on Friday, which makes 3.67% for the month and 21.41% in the past year. The burning issue at stake is whether futures can continue the rise or people will take profits on the back of next week's inflation numbers.

US Stock Market Prediction For Monday

The outlook is cautiously bullish as the S&P 500 posted an approximate increase of 3.6%, while the Dow increased by about 3% and the Nasdaq was up by 5.2%. Increased risk appetites have been encouraged by lower interest rates in Treasuries and low expectations of a rate hike by the Federal Reserve and despite the inflation risk. ...