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U.S. Stocks Poised to Hold Near Records Ahead of String of Economic Reports


Thursday, 9 August 2018 16:43 WIB

Indeks saham berjangka A.S.


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U.S. stock-index benchmarks looked set for a skittish start on Thursday as investors fought to shake off disputes between China and the U.S. to focus on mostly strong corporate earnings and a healthy economic backdrop.

A series of employment reports on the labor market, U.S. inventories and inflation set for later in the morning may provide more insight about the state of the economy as the S&P 500 and the Nasdaq remain within a hair’s breadth of fresh all-time highs.

Futures for the Dow Jones Industrial Average were trading virtually unchanged at 25,540, those for the S&P 500 index also were near the flatline around 2,857, while futures for the Nasdaq-100 were up less than 0.1% at 7,478.75.

On Wednesday, the S&P 500 index broke a four-day win streak by closing fractionally lower at 2,857.70, holding less than 0.5% from its all-time high hit on Jan. 26.

Source : Market Watch


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