U.S. Stocks Set For Rebound Ahead of Inflation Data

Thursday, 12 July 2018 16:53 WIB

Indeks saham berjangka A.S.


U.S. stocks looked set to resume their recent push higher on Thursday, with equity futures rising amid signs the U.S. and China are open to discussing their trade dispute in high-level negotiations, potentially heading off a global trade war.

Traders were also looking ahead to inflation data, which could help steer the Federal Reserve’s interest-rate policies.

Futures for the Dow Jones Industrial Average rose 103 points, or 0.4%, to 24,794, while those for the S&P 500 index gained 9.40 points, or 0.3%, to 2,783.50. Futures for the Nasdaq-100 index rose 26.75, 0.4%, to 7,279.75.

The premarket gains come after a selloff on Wednesday, when U.S. stocks snapped a four-session winning streak as the Trump administration announced plans to impose another round of tariffs on Chinese goods. The Dow ended 0.9% lower, while the S&P fell 0.7% and the Nasdaq Composite Index shed 0.6%.

Source : Market Watch


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