U.S. stock futures pushed higher on Monday, an indication that equities may be ready to pick up where they left off late last week. Dow futures rose 103 points, or 0.4%, to 25,417, while S&P 500 futures rose 4.7 points, or 0.2%, to 2,753.25. Nasdaq-100 futures inched up 2 points to 6,911.75. U.S. stocks had a burst higher late Friday, with the Dow Jones Industrial Average finishing up 347.51 points, or 1.4%, to 24,309.99. The S&P 500 and Nasdaq Composite indexes added 1.6%, and 1.8%, respectively. Gains came after the Federal Reserve’s semi-annual monetary report didn’t hint of more aggressive policy action. Asian stocks also moved higher, while the U.S. dollar pulled back, with the ICE Dollar Index down 0.2% to 89.648. Gold prices jumped $10.50, or 0.8%, to $1,340.80 an ounce.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
