Dow futures are little changed after blue-chip average closes at all-time high. Dow Jones Industrial Average futures near flat Thursday night after the blue-chip average finished the preceding session at a record closing level. Futures connected to the
Dow Jones Industrial Average futures near flat Thursday night after the blue-chip average finished the preceding session at a record closing level.
Futures connected to the 30-stock index lost 28 points.
S&P 500 futures and Nasdaq 100 futures were little moved.
Investor attention after hours centered on Netflix whose shares climbed more than 4% in a post-earnings rally. The streaming giant beat Wall Street’s expectations on both lines in the third quarter, while reporting a 35% jump in ad-tier memberships from the prior three-month period.
Those moves come after a rally in Travelers propelled the Dow
to finish Thursday at an all-time closing high.
The broad S&P 500 inched lower despite notching a fresh intraday high during the session, while the technology-heavy Nasdaq Composite concluded modestly higher.
The Dow has led the way this week, on track to finish 0.9% higher. The S&P 500 and Nasdaq Composite have added 0.5% and 0.2%, respectively, on the week.
With those gains, all three indexes are tracking for their sixth straight positive week. That would mark the longest weekly winning streaks in 2024 for both the Dow and S&P 500.
On the economic front, investors will watch Friday for data on housing starts and building permits. They’ll also monitor commentary expected from central bank officials including Atlanta Federal Reserve President Raphael Bostic and Minneapolis Fed President Neel Kashkari.(Cay)
Sumber: CNBC
