US Stock Market News: Dow Jones futures up 99 pts, indicate a positive opening today
US Stock Market News (May 10): Dow Jones futures were up 99 points, or 0.3 per cent, at 39,485.8 minutes ahead of the opening bell on Wall Street. The Dow Jones Industrial Average, whose 30 constituents include Amazon.com, American Express, Apple, Boeing, Caterpillar, Coca-Cola, Intel, Microsoft, Goldman Sachs, JPMorgan Chase, Nike and Visa, has already closed higher for seven back-to-back sessions in a row, up more than 700 points for the week already.
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US Stock Market News Today: Wall Street was set for a positive start to the last session of the trading week, with Dow Jones Industrial Average futures up 99 points, or 0.3 per cent, at 39,485.8 around 9:15 am EST (6:45 pm in India). S&P 500 futures were up 14.8 points, or 0.3 per cent, at 5,253.8.
The Dow Jones Industrial Average (DJIA) index—whose 30 constituents include Amazon, Apple, Intel, Microsoft, Coca-Cola, Goldman Sachs, Nike, Boeing and Visa—has already risen more than 700 points so far this week, as investors remain cautiously optimistic about the prospect of reductions in benchmark interest rates in 2024 itself amid a weaker-than-expected jobs market in the world's largest economy.
(This story will be updated shortly)
With inputs from agencies
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