Futures Climb Following Best Week For S&P


(MENAFN- Baystreet) Best Day Since February for NASDAQ

  • NASDAQ Looks for Best Day Since February
  • NASDAQ Surges on Strong Earnings
  • U.S. Futures Pop in Overnight Trading
  • Markets Collapse on Inflation, Growth Worries Subscribe to Get Small Cap News & Alerts Glenn Wilkins - Monday, April 29, 2024

    Futures Climb Following Best Week for S&P Advertisment
    S&P 500 futures edged higher on Monday morning as the broad index came off its best week in several months. Traders are looking ahead to a week with more corporate earnings, key labor data and a Federal Reserve meeting.
    Futures for the Dow Jones Industrials jumped 54 points, or 0.1%, to 38,496.
    Futures for the broader index surged 13 points, or 0.3%, to 5,144.50.
    Futures for the NASDAQ Composite took on 67.25 points, or 0.4%, to 17,913.
    Tesla jumped 9.5% after clearing a key hurdle to rolling out full self-driving technology in China. Apple, one of several big names releasing financial results this week, advanced around 2% on the heels of a bullish upgrade from investment firm Bernstein.
    Those moves follow a positive - albeit rocky - week on Wall Street. The S&P 500 jumped 2.7%, notching its best week since November and breaking a three-week negative streak. With a rally of 4.2%, the NASDAQ Composite also saw its best weekly performance going back to November and its first winning week in the last five. The Dow finished the week 0.7% higher.
    Domino's Pizza added 4.6% before the bell after reporting that per-share earnings topped analyst expectations. Beyond Domino's and Apple, McDonald's, Coca-Cola and Amazon are also among the major companies sharing quarterly financials this week.
    It's shaping up to be a strong quarter: Of the more than 45% S&P 500-listed firms that have posted results so far, about four out of every five have surpassed expectations.
    In Japan, markets were closed for holiday, while in Hong Kong, the Hang Seng moved ahead 0.5%.
    Oil prices edged downward 11 cents to $83.74 U.S. a barrel.
    Gold prices eked up a dollar to $2,348.20 U.S. an ounce.




    • About Us
    • Contact Us
    • Advertise
    • License Our Content
    • Jobs
    • Disclaimer
    • Privacy Policy

    Copyright 1998 - 2024 Baystreet Media Corp. All rights reserved. Nasdaq Stocks: Information delayed 15 minutes. Non-Nasdaq Stocks: Information delayed 20 minutes. Bid and Ask quotation information for NYSE and AMEX securities is only available on a real time basis. Market Data is provided by QuoteMedia. Earnings by Zacks. Analyst Ratings by Zacks

    MENAFN29042024000212011056ID1108151417


  • Baystreet.ca

    Legal Disclaimer:
    MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.