Daily Comment

The Dow Jones Industrial average kept its rally going Thursday a day after closing above 37,000 for the first time ever as the 10-year Treasury tumbled below 4% and a surprise gain in retail sales gave investors further confidence 2024 would bring a soft economic landing. Dow futures added 200 points, or 0.5%. S&P 500 futures and Nasdaq 100 futures gained 0.5% and 0.4%.

U.S. stock futures ticked higher Wednesday as investors await the Federal Reserve’s latest policy decision. Dow Jones Industrial Average futures rose by 75 points, or 0.1%. S&P 500 futures and Nasdaq 100 futures climbed 0.2% each.

Stock futures rose slightly Tuesday as Wall Street looks to see if the market rally can power through another round of inflation data. Futures tied to the Dow Jones Industrial Average ticked up 70 points, or 0.1%. S&P 500 futures oscillated near the flat line, and Nasdaq 100 futures inched higher by 0.2%.

U.S. stock futures were little changed Monday as investors awaited this week’s final Federal Reserve meeting of 2023 for any signals on when central bankers will begin to cut interest rates. Futures tied to the Dow Jones Industrial Average hovered near the flatline. S&P 500 futures fell 0.04%, and Nasdaq-100 futures dropped 0.1%.

Futures tied to the Dow Jones Industrial Average were near flat on Thursday as Friday’s all-important jobs report loomed. Dow futures dipped 3 points, trading near flat. S&P 500 futures rose by 0.3%, while Nasdaq 100 futures added 0.3%.

U.S. stock futures wavered Wednesday as the S&P 500 and Dow Jones Industrial Average tried to rebound from a two-day slide. Futures tied to the 30-stock Dow rose 41 points, or 0.1%. S&P 500 and Nasdaq 100 futures each added 0.2%.

Stock futures slipped Tuesday as a recent rally on Wall Street appeared to lose steam. Futures tied to the Dow Jones Industrial Average fell 91 points, or 0.3%. S&P 500 futures and Nasdaq 100 futures shed 0.4% and 0.5% respectively.

Stock futures retreated after the S&P 500 closed at a new 2023 high following a five-week win streak. Futures on the Dow Jones Industrial Average shed 90 points, or 0.3%. S&P 500 futures slid 0.4%, while Nasdaq 100 futures lost 0.5%.

Stock futures were slightly lower on Friday morning, with the Dow Jones Industrial Average flatlining after it had notched a new 2023 high and capped off its best month in more than a year. Futures tied to the 30-stock index shed 6 points, or less than 0.1%, while S&P 500 futures and Nasdaq-100 futures declined about 0.2% and 0.3%, respectively.

U.S. stock futures rose Thursday, buoyed by inflation data that increased hopes the Federal Reserve could begin cutting rates next year. Wall Street was also poised to wrap up November with strong monthly gains. Futures tied to the Dow Jones Industrial Average were up 243 points, or nearly 0.7%. S&P 500 futures jumped 0.4% and Nasdaq-100 futures climbed about 0.3%.

Stock futures ticked up on Wednesday, as investors held out hope that the Federal Reserve is done raising benchmark interest rates. Traders also tried to build on already strong gains for the month. Futures tied to the Dow Jones Industrial Average ticked higher by 132 points, or nearly 0.4%. S&P 500 futures and Nasdaq 100 futures added about 0.5% and 0.7%, respectively.

Stock futures were slightly lower Tuesday as traders analyzed the strong gains seen throughout November and the trading month nears its end. Dow Jones Industrial Average futures shed 45 points, or 0.1%, as S&P 500 and Nasdaq 100 futures fell about 0.3% each.