- November 19, 2021
- By: Admin2_blog
- Indices
U.S. and European equity futures rose Friday along with most Asian stocks amid optimism that the pandemic recovery can weather elevated inflation and tightening monetary policy.
US Stocks
U.S. and European equity futures rose Friday along with most Asian stocks amid optimism that the pandemic recovery can weather elevated inflation and tightening monetary policy.
U.S. stocks rose after Nvidia, the world’s most valuable chipmaker, reported better-than-expected third-quarter results and gave a positive outlook.
Dow futures rose 24 points, or 0.07%. S&P 500 futures gained 0.2% and Nasdaq 100 futures rose 0.5%.
European stocks are expected to open around the flatline on Thursday amid market concerns around the region’s inflation outlook.
The U.K.’s FTSE index is seen opening 6 points lower at 7,281, Germany’s DAX 2 points lower at 16,248, France’s CC 40 down 3 points at 7,155 and Italy’s FTSE MIB 10 points lower at 27,651, according to data from IG.
U.S. equity futures drifted after a report showed the biggest jump in U.S. retail sales since March. Meanwhile, traders awaited decision from the White House on who the next Federal Reserve head will be.
U.S. futures rose amid optimism that companies can weather the supply-side crisis and central banks will keep fueling stock rallies. Treasuries were steady.
Stocks were mixed Monday amid data showing steadying economic growth in China as well as ongoing challenges in the nation’s troubled property sector. Treasuries were steady and the dollar slipped.
U.S. stock futures inched higher in early morning trading on Thursday following a tech-driven sell-off on Wall Street.
Dow Jones Industrial Average futures added about 14 points. S&P 500 futures gained 0.4% and Nasdaq 100 futures gained 0.8%.
Stock futures slipped in early morning trading Friday as shares of major technology companies suffered following disappointing earnings reports.