Wall Street’s main indexes were lifted by modest gains in technology stocks, led by Microsoft, IBM and Intel.
Wall Street’s main indexes were poised to open higher following strong results from Bank of America and a double upgrade on IBM.
Futures on the Dow Jones Industrial Average surged more than 200 points, indicating that the blue-chip index could open above 26,000 for the first time.
For the week, the S&P rose 1.6 percent, compared with the Dow’s 2-percent rise and a 1.8-percent advance in the Nasdaq.
Wall Street’s main indexes were higher as strong December retail sales data drove gains in consumer stocks and bank results pushed up the financial sector.
US stock futures rose and pointed to a positive open for Wall Street as investors digested fourth-quarter earnings reports from big U.S. lenders.
The stocks are set to be in focus in the coming weeks as Trump seeks legislation geared at overhauling the country’s aging roads, bridges and other infrastructure.
US stocks rose with a broad-based rally across sectors as speculation over China halting US bond purchases eased and investors focused on quarterly earnings reports.
Dow e-minis 1YMc1 were up 19 points, or 0.07 percent, with 16,674 contracts changing hands.
Dow e-minis 1YMc1 were up 44 points, or 0.17 percent, with 14,256 contracts changing hands.
Sells 85% of units in Project Forest Edge on day of launch
Board approves buyback of upto Rs 166 Cr At Rs 1,100/Sh
Gets environment approval for pesticide plant in Gujarat
Taj Mansingh Bidding may be delayed by a month
Business Standard Reports
BANK OF INDIA
Defers Rs 3,000 Cr QIP as Govt Infuses Rs 2,257 Cr
Business Line Reports