American futures tack on as countdown on government shutdown starts

American futures tack on as countdown on government shutdown starts

On Friday, Wall Street was braced for starting higher because Congress rushes to approve a spending bill and dodge a government shutdown.

The S&P 500 futures rallied 0.30% hitting 2,804.75, while Dow futures soared 0.37% reaching 26,038.0. At the same time tech heavy Nasdaq 100 futures inched up 0.48% demonstrating a reading of 6,846.00.

Telecommunications company Nokia appeared to be among the top winners in pre-market trade, soaring 1.45%. Meanwhile, payments company Square Inc inched up 3.82%, while beer company Anheuser-Busch Inbev SA rallied 1.13%.

Aside from that computer manufacturing company IBM went down 3.03% notwithstanding posting a soar in surge for the first time for 22 quarters. As for health company GNC Holdings Inc, it slumped 1.14%, and HSBC Holdings declined 0.49%.

In the European Union, Germany’s DAX gained 0.99%, France’s CAC 40 added 0.49%, while Britain’s FTSE 100 soared 0.28%.

 

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