Dow futures surge over 100 points

U.S. stock futures climbed Friday, building on gains in the prior session amid signs of an increased appetite for perceived riskier assets such as equities. Dow futures rose 160 points, or 0.7%, to 25,175, while S&P 500 futures gained 14.5 points, or 0.5%, to 2,726. Nasdaq 100 futures rose 32.50 points, or 0.5%, to 6,820.50. The Dow and S&P 500 closed higher on Thursday, inspired by upbeat labor-market data and after St. Louis Federal Reserve President James Bullard tried to cool expectations over faster-than-expected interest rates. The Nasdaq Composite logged a small loss. The Japanese yen, a haven currency that investors seek out in times of volatility or economic uncertainty, fell against the dollar on Friday. Gold prices slipped modestly. Asian stock indexes were also largely higher on Friday.

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From:: Stock Market News

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