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U.S. stock futures move higher as oil climbs


Monday, 7 May 2018 17:54 WIB

Indeks saham berjangka A.S.SahamAS


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U.S. stock futures moved higher on Monday, building on jobs report-inspired gains as a sharp climb for oil prices and the dollar were in focus and a trio of Federal Reserve speakers was upcoming.

Gains were supported by a couple of deals, including one driving up the price of Starbucks Corp.

Dow Jones Industrial Average futures rose 45 points, or 0.2%, to 24,273, while S&P 500 futures rose 6.4 points, or 0.2%, to 2,669.50. Nasdaq-100 futures gained 33.5 points, or 0.5%, to 6,808.50.

On Friday, the Dow Jones Industrial Average rose 332.36 points, or 1.4%, to end at 24,262.51, after an earlier drop of about 150 points. The blue-chip average logged its biggest daily climb since April 10, according to FactSet data. However, the average has struggled lately, falling in nine of the past 13 sessions.

The S&P 500 index rose 33.69 points, or 1.3%, to finish at 2,663.42. The Nasdaq Composite Index rose 121.47 points, or 1.7%. The Dow and S&P each slipped 0.2% last week, and the Nasdaq rose 1.3%.

Source: Marketwatch


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