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U.S. Futures Rise Before Brexit Vote as China Flags Support


Tuesday, 15 January 2019 16:38 WIB

Indeks berjangka ASIndeks berjangka Standard & Poor’s 500Kontrak Dow Jones Industrial AverageNasdaq-100 futures


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U.S. stock-index futures climbed after a positive session in Asia as China signaled it will shore up its sagging economy after disappointing trade numbers. Stocks rose in Europe as investors focus on the U.K. Parliament's Brexit vote.

Futures on the S&P 500 Index expiring in March advanced 0.5 percent as of 8:28 p.m. in London after the underlying gauge slipped 0.5 percent Monday. Contracts on the Dow Jones Industrial Average climbed 0.6 percent, while those on the Nasdaq 100 Index added 0.7 percent.

Senior Chinese economic officials vowing Beijing will cut taxes “on a larger scale” to help support its slowing economy also added to positive sentiment. The pledge followed disappointing trade figures on Monday that hinted at softening demand at home.

Source: Bloomberg


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