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U.S. Stock Futures Edge Higher, With Techs Eyeing a New Record


Tuesday, 5 June 2018 17:24 WIB

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U.S. stock futures were rising modestly on Tuesday, with technology shares poised to potentially lead the gains again on the heels of the Nasdaq’s first record finish in months.

A smattering of economic data is en route, including the Institute for Supply Management’s nonmanufacturing survey. Meanwhile, shares of Twitter Inc. were climbing in premarket trading on news the social media company’s stock will now be part of the S&P 500 index.

Dow Jones Industrial Average futures rose 27 points, or 0.1%, to 24,823, while S&P 500 index futures inched up 3.25 points, or 0.1%, to 2,748.50. Nasdaq-100 futures gained 12.75 points, or 0.2%, to 7,160.75.

On Monday, the Nasdaq Composite closed at a record for the first time since March 12, rising 0.7%, to 7,606.46. The S&P 500 finished 0.5%, to 2,746.87, while, the Dow Jones Industrial Average advanced 178.48 points, or 0.7%, to 24,813.69.

Source : Market Watch

 


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