Dow is braced for starting at new record as ECB keeps rates intact

Dow is braced for starting at new record as ECB keeps rates intact

On Thursday, American equities stepped higher, thus helping the Dow Jones Industrial Average to reach another record. Futures for the key equity benchmarks held their revenues after the European Central Bank decided not to change its monetary policy, as anticipated, with Wall Street focusing generally on a wave of profits from several blue-chip companies.

Dow futures YMH8 acquired 0.3% hitting 26,354, S&P 500 futures ESH8 ascended 0.3% being worth 2,848.25. Additionally, Nasdaq-100 futures NQH8 tacked on 0.6% trading at 6,970.75.

On Wednesday, the Dow DJIA soared 0.2% getting to a record high, while the S&P 500SPX managed to conclude 0.1% lower, the Nasdaq Composite COMP dived 0.6%.

In 2018, the three equity indicators have managed to gain 6.1%-7.4%, contributing to the previous year’s sizable profits because market participants appreciate the expanding American economy as well as soar in corporate profits.

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