AllPennyStocks.com Futures Rise Modestly
AllPennyStocks.com

Futures Rise Modestly

November 14,2024 08:30 am EST

Futures Rise Modestly

U.S. stock futures rose slightly Thursday, as investors tried to recapture the postelection momentum that brought the major averages to record highs.

Futures for the Dow Jones Industrials gained 105 points, or 0.2%, to 44,212.

Futures for the S&P 500 forged ahead 5.75 points, or 0.1%, to 6,021.75.

Futures for the NASDAQ Composite Index moved up 5.25 points to 21,165.25.

Disney shares popped 8% after the media giant reported better-than-expected fiscal fourth-quarter results. The company got a boost from strong streaming growth driving its entertainment business.

On the economic front, the October producer price index will be released Thursday, and the retail sales report is due out Friday. Fed Chair Jerome Powell is set to speak Thursday in Dallas, Texas.

In Japan, the Nikkei 225 fell 0.5% Thursday, while in Hong Kong, the Hang Seng ditched 2%.

Oil prices surged 57 cents to $69.00 U.S. a barrel.

Gold prices flopped $28.30 to $2,558.20 U.S. an ounce.

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