U.S. Stock Futures Rise as Traders, But Not Trade Tensions, Take a Break
Wednesday, 4 July 2018 19:01 WIB |
MARKET UPDATE |Indeks saham berjangka A.S.
U.S. stock futures were moving higher Wednesday in a holiday-shortened session, though losses across other global markets due to trade tensions could make those gains tough to hang onto.
American stock markets and the bond market are shut for the Independence Day holiday, and there are no economic releases expected, as federal agencies are closed. Volumes may be lower than usual for futures trading, as well.
Dow Jones Industrial Average futures rose 64 points, or 0.3%, to 24,277, while S&P 500 futures added 8.45 points, or 0.3%, to 2,722. Nasdaq-100 futures put on 27 points, or 0.4%, to 7,050.75.
On Tuesday, the Dow Jones Industrial Average closed 132.36 points, or 0.5%, lower at 24,174.82. The S&P 500 ended down 0.5%, with the technology sector leading the declines with a 1.4% drop, while the Nasdaq Composite Index declined 0.9%. Trading volumes were lower than normal ahead of the Fourth of July holiday, and markets closed three hours earlier than normal.
Source : Market Watch