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U. S. equity futures traded modestly higher on Tuesday as investors monitored oil exports from the Gulf, upcoming Constellation Brands (NYSE:STZ) earnings and August U.
According to CME FedWatch data, there is a 92.4% probability that the Fed will hike interest rates by 25 basis points from the current 3.50% to 3.75%.
U. S. stock futures pointed to a higher open on Tuesday as crude oil prices extended their decline, with Brent futures falling below $100 a barrel and U.