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Dow futures rise 150 points as Syria fears fade, with Bank of America due to report


Monday, 16 April 2018 17:18 WIB

DOW JONESS & P 500Indeks saham berjangka A.S.Nasdaq


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U.S. stock futures tilted higher on Monday, as the market took news of U.S.-led strikes against the Syrian regime in its stride and turned its focus to a busy week for earnings.

Bank of America Corp. is expected to release its results before the bell, closely watched after the other big four banks’ shares lost ground after their earnings reports on Friday.

Dow Jones Industrial Average futures rose 152 points, or 0.6%, to 24,489, while S&P 500 futures added 16.7 points, or 0.6%, to reach 2,674. Nasdaq 100 futures gained 47 points, or 0.7%, to hit 6,687.50.

On Friday, the Dow industrials fell 122.91 points, or 0.5%, to end at 24,360.14. The S&P 500 index  declined 0.3%, and the Nasdaq Composite Index  lost 0.5%.

For the week, the Dow booked a gain of 1.8%, while the S&P rose 2% and the Nasdaq produced a weekly gain of 2.8%.

Source : Marketwatch


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