U.S. stock futures climb after rally late last week

U.S. stock futures rose early Monday, indicating markets could extend a move higher seen at the close of last week. Dow futures rose 163 points, or 0.7%, to 24,330, while S&P 500 futures climbed 15.65 points, or 0.6%, to 2,634.75. Nasdaq-100 futures gained 25.50 points, or 0.4%, to 6,442.50. The Dow , S&P 500 and Nasdaq Composite each lost around 5% last week, marking the biggest weekly declines for those indexes since early 2016. However, stocks booked sharp gains in a move higher that came late in Friday’s session, something which could continue on Monday. Asian stocks also moved higher on Monday, with the Shanghai Composite Index up nearly 1%. The ICE Dollar Index fell 0.4% to 90.129, while gold prices rose $9.70, or 0.7%, to $1,325.40 an ounce. West Texas Intermediate crude oil climbed 65 cents, or 1.1%, to $59.85 a barrel.

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From:: Stock Market News

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