(MENAFN- Baystreet) Dow Runs Streak to 8, Best Week of Year
Dow Aims for 8 in Row
Stocks Push Higher, Dow Aims for 8 in Row
Dow to Push for 8-Session Win Streak
Dow Hikes, Achieves 7-Day Streak Subscribe to Get Small Cap News & Alerts Glenn Wilkins - Monday, May 13, 2024
Futures Up Slightly After Best Week of Year Advertisment
Stock futures rose slightly Monday, with Wall Street looking toward fresh inflation data this week.
Futures for the
DowJones Industrials progressed 65 points, or 0.2%, to 39,707.
Futures for the
S&P500 grabbed 12 points, or 0.2%, at 5,258.25.
Futures for the NASDAQ Composite gained 60 points, or 0.3%, to 18,315.
GameStop shares rallied more than 37% in the premarket after“Roaring Kitty” posted for the first time in roughly three years.
Investors will look for insights into the Federal Reserve's monetary policy moving forward with April's consumer price
index report due out on Wednesday. Traders hope that a return to rate hikes is largely off the table for the Fed despite a slew of hotter-than-expected inflation prints in recent months.
In Japan, the Nikkei 225 fell 0.1%, while in Hong Kong, the Hang Seng Index gained 0.8%.
Oil prices added 58 cents to $78.84 U.S. a barrel.
Gold prices sank $22.10 to $2,352.900 U.S. an ounce.
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