Dow on track for 25,000 milestone as global stock rally stays strong

Thursday, 4 January 2018 18:24 WIB

Indeks saham berjangka A.S.Indeks berjangka Standard & Poor’s 500Indeks Dow Jones


U.S. stocks were poised to notch fresh record highs on Thursday, with stock futures rising across the board and setting the Dow average within touching distance of its 25,000 milestone, as the global rally showed no signs of tapering off.

Ahead of the market open, the private-sector jobs report is likely to grab trader attention, coming just a day before the top-tier nonfarm payrolls data.

Futures for the Dow Jones Industrial Average gained 80 points, or 0.3%, to 24,958, after the blue-chip benchmark closed at record high of 24,922.68 on Wednesday. That means an 80-point advance on Thursday would be enough to push the index above the 25,000 handle.

Futures for the S&P 500 index put on 4.60 points, or 0.2%, to 2,715.50, while those for the Nasdaq-100 index rose 16.25 points, or 0.3%, to 6,601.

The S&P 500 and Nasdaq Composite Index also scored all-time closing highs on Wednesday, rising 0.6% and 0.8%, respectively.

Source: Marketwatch


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