U.S. stocks were set for another day in positive territory, heading towards solid weekly gains as traders geared up for a batch of prominent bank earnings and put the trade dispute between the U.S. and China on the back burner for now.
Futures for the Dow Jones Industrial Average rose 66 points, or 0.3%, to 24,959, while those for the S&P 500 index climbed 4.75 points, or 0.2%, to 2,803.25. Futures for the Nasdaq-100 index added 23.50 points, or 0.3%, to 7,406.50.
The gains come after an upbeat session on Thursday, when the Nasdaq Composite Index rallied 1.4% to score its first record close since June 20. The Dow and the S&P 500 both ended the session 0.9% higher.
As of Thursday’s close, all three benchmarks were set for solid weekly gains, with the S&P on track for a 1.4% advance, the Nasdaq eyeing a 1.8% rally and the Dow set for a 1.9% rise for the week.
Source : Market Watch