How does stock index futures trading work?
Dow Jones Industrial Average futures rose 219 points, or 0.52%, to $42,539.
S&P 500 futures rose 31.75 points, or 0.54%, to 5,877.75.
Nasdaq 100 futures rose 136.50 points, or 0.67%, to 20,634.25.
On Friday, the Dow Jones Industrial Average fell 260 points, or 0.61%, to 42,114, the S&P 500 index fell 2 points, or 0.03%, to 5,808, and the Nasdaq Composite Index rose 103 points, or 0.56%, to 18,519. It became.
Stock futures rose on Monday morning as oil prices fell following Israel’s relatively limited response to the October 1 attack on Iran. Four Iranian soldiers were killed in an Israeli attack on Iranian “military targets” that avoided the Islamic Republic’s oil and nuclear facilities. Brent crude oil prices fell 4%.
A limited strike in Israel boosts stock futures after a bit of jitters last week, when the S&P 500 ended the week with its first decline in six weeks as investors priced in some of the geopolitical risks the market had priced in. It led to
Investors are now bracing for a storm of earnings, with 40% of the S&P 500 by market capitalization scheduled to report third-quarter results, including the Magnificent Seven tech companies. 5 companies (Alphabet, Microsoft, Meta, Apple, Amazon).
According to the RealClearPolitics average, betting markets give former President Donald Trump a 61% chance of defeating Vice President Kamala Harris next week.
The dollar strengthened against the Japanese yen after Japan’s ruling Liberal Democratic Party also lost its majority in the House of Representatives for the first time since 2009.
On the data front, investors will brace for a barrage of new information, including Wednesday’s third-quarter gross domestic product data, Thursday’s personal consumption spending data and Friday’s U.S. jobs report.
