Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Futures Climb, Extending End-of-Year Rally

T.TRP

U.S. stock futures pointed to a higher open on Friday as optimism continues to drive the year-end rally.

Futures for the Dow Jones Industrials took on 89 points, or 0.3%, Friday to 28,708

Futures for the S&P 500 gained 8.25 points, or 0.3%, at 3,252.75.

Futures for the NASDAQ Composite gained 34 points, or 0.4%, to 8,838.25. The major averages are set to hit new all-time highs.

The tech-heavy NASDAQ topped the 9,000 mark for the first time Thursday, lifted by a jump in Amazon shares on a record holiday shopping season.

NASDAQ has risen for 11 straight days, the longest winning streaking since July 2009. The S&P 500, up already 29.2% in 2019, is inches away from reaching historic proportions. The benchmark will post its best year since 1997 with an annual gain of more than 29.6%.

No economic data or earnings are scheduled for Friday.

Overseas, in Japan, the Nikkei 225 slid 0.4%, Friday, while in Hong Kong, the Hang Seng Index jumped 1.3%.

Oil prices nicked higher five cents to $61.73 U.S. a barrel.

Gold prices headed higher $1.40 to $1,515.80 U.S. an ounce.



Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today