Dow Futures Jump 250 Points as China Set To Meet Trump In Final Day of Trade Talks
Friday, 11 October 2019 17:29 WIB |
MARKET UPDATE |Indeks saham berjangka A.S.
U.S. stock benchmarks Friday morning were on pace to gain for a third session in a row ” which would represent the longest string of gains in October ” as investors drew optimism from President Donald Trump™s offer to meet China™s top trade negotiator later in the day, lifting hopes for progress for some form of resolution in the longstanding tariff conflict.
Futures for the Dow Jones Industrial Average rose 251 points, or 0.9%, to 26,734, those for the S&P 500 index advanced 27.15 points, or 0.9%, to reach 2,968, while Nasdaq-100 futures added 89 points, or 1.2%, to 7,849.50.
On Thursday, the Dow rose 150.66 points, or 0.6%, to 26,496.67. The S&P 500 index climbed 0.6%, or 18.73 points, to 2,938.13. The Nasdaq Composite Index picked up 47.04 points, or 0.6%, to finish at 7,950.78.
For the week, however, the Dow is poised to shed 0.3%, while the S&P 500 and Nasdaq are on pace to post 0.5% and 0.4% declines, respectively, as of Thursday™s close.
Source : Market Watch