American stock futures revive ahead of data

American stock futures revive ahead of data

On Friday, Wall Street futures pointed to a higher start because shares looked set to revive from the previous session’s dip in tech stocks with Nike’s better-than-expected revenues backing stocks and traders looking for economic data out later in the day.

The blue-chip Dow futures acquired 0.23%, the S&P 500 futures leapt 0.25%, the tech-heavy Nasdaq 100 futures soared 0.41%.

On Friday, Nike acquired more than 6% in pre-market trade because the world’s number one footwear maker beat consensus on both the top as well as bottom line, having released earnings following the previous session’s close.

Later in the session market participants will assess American data, including the core PCE price index, the Fed’s favorite inflation gauge in addition to personal income & spending for May.

Financial markets remained quite skeptical that the American major bank would follow through on its predication to lift rates once more in 2017, placing their odds of a December hike at approximately 45%.

 

 

Similar

Asia-Pacific stocks are mixed

On Friday, Asia-Pacific stock indices were quite mixed amid cautious trading after US President Donald Trump dared to cancel the highly anticipated summit with North Korean leader Kim Jong-no and also accused North Korea of ​​showing great anger as well…

Popular

Crude edges down in Asia on Caixin PMI

On Tuesday, crude prices traded weaker because a poll on Chinese manufacturing came in weaker than expected and market participants looked ahead to American inventories on oil as well as refined products to set the overall tone…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera