US Stock Futures Firm Up as North Korea Keeps Its Cool
Friday, 25 May 2018 16:45 WIB | MARKET UPDATE |Indeks saham berjangka A.S.

U.S. stock futures indicated a slightly firmer start on Friday, with some calm returning to the market after a week of geopolitical jitters, as North Korea made a restrained response to the U.S. withdrawal from a planned summit.

Attention is expected to return to the U.S. economy, as Federal Reserve Chairman Jerome Powell and other central bank officials are in line to speak. Updates on durable goods orders and consumer sentiment are also on deck.

Markets will be shut on Monday in observance of the Memorial Day holiday, which may keep trading volumes lighter than normal.

Dow Jones Industrial Average futures rose 25 points, or 0.1%, to 24,826, while S&P 500 Index futures added 1.9 points to 2,729.50. Nasdaq-100 climbed 14.5 points, or 0.2%, to 6,972.

On Thursday, the Dow finished down 0.3% to 24,811.75, shaking off a loss of as much as 280.91 points earlier. The S&P 500 fell 0.2%, and the Nasdaq Composite Index closed less than 0.1% lower at 7,424.43.

As of Thursday, major indexes were looking at mostly modest weekly gains 0.4% for the Dow, 0.6% for the S&P 500 and close to 1% for the Nasdaq Composite.

Source : Marketwatch


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