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U.S. stocks are higher in early trade as triple witching approaches, oil falls and investors focus on rate-cut hopes. The piece also cites stronger AI-related money flows, softer housing data and mixed macro prints.
Housing starts in the US were 1.275M in August, below the 1.320M estimate and the 1.239M prior. Building permits were 1.394M, slightly under the 1.408M estimate.