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U.S. Stock Futures Climb on Reports Trade Deal Will Soon be Finalized


Monday, 4 March 2019 17:12 WIB

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U.S. stock futures climbed on Monday as investors cheered reports that a Sino-American trade deal was moving closer, with the two sides in the final stages of an agreement.

Dow Jones Industrial Average futures rose 80 points, or 0.3%, to 26,110, while S&P 500 futures  gained 8 points, or 0.3%, to 2,813. Nasdaq-100 futures gained 33.25 points, or 0.5%, to 7,189.25.

On Friday, the S&P 500 index rose 0.7% to 2,803.69, closing above the 2,800 level for the first time since Nov. 8. The Dow industrials closed up 110.32 points, or 0.4%, to 26,026.32, while Nasdaq Composite Index advanced 0.8% to 7,595.35.

Last week, the S&P 500 gained 0.4% and the Nasdaq added 0.9%. The Dow, meanwhile, shed about 0.1% to snap its nine-week winning streak, the longest since May 1995.

Source : Market Watch


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