Mon. Nov 18th, 2019

Dow futures up 170 points on renewed optimism over trade

1 min read

Stock-index futures pointed to a higher start for Wall Street Friday as investors took comfort in signs the U.S. and China are toning down rhetoric around trade after rounds of tit-for-tat tariff increases earlier this month. Futures on the Dow Jones Industrial Average

YMU19, +0.64%

rose 170 points, or 0.6%, to 26,548, while S&P 500 futures

ESU19, +0.63%

gained 17.55 points, or 0.6%, to 2,944.25. Nasdaq-100 futures

NQU19, +0.66%

gained 51.25 points, or 0.7%, to trade at 7,763.25. Stocks have rebounded this week after spending much of August under pressure on worries over the global economic outlook. Heading into the final trading session of the month ahead of the three-day Labor Day weekend, the Dow

DJIA, +1.25%

and S&P 500

SPX, +1.27%

are down 1.9% for the month, while the Nasdaq

COMP, +1.48%

is down 2.5%

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