Futures Jump Following S&P’s Best Week of Year


Stock futures climbed Monday as Wall Street sought to build on last week’s rally to record highs.

Futures for the Dow Jones Industrials leaped 173 points, or 0.4%, to 43,315.

Futures for the S&P 500 soared 18.25 points, or 0.3%, to 6,043,50.

Futures for the NASDAQ Composite Index spiked 63.25 points, or 0.3%, to 21,294.50.

Monday’s action follows a big week for U.S. stocks, with the three major averages closing at all-time closing highs. The Dow and S&P 500 both notched their strongest weeks in around one year, with the former at one point breaking above the 44,000 level for the first time.

There is no economic data of note expected Monday, but investors will be awaiting inflation readings due out later in the week. Ticketmaster parent Live Nation and food and facility service provider Aramark are among companies reporting earnings on Monday.

In Japan, the Nikkei 225 inched up 0.1% Monday, while in Hong Kong, the Hang Seng sank 1.3%.

Oil prices fell $1.13 to $69.25 U.S. a barrel.

Gold prices dumped $28.10 to $2,606.70 U.S. an ounce.



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