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


Thursday, 12 July 2018 16:53 WIB

Indeks saham berjangka A.S.


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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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