U.S. stock futures rally, tracking sharp gains for oil prices

U.S. stock futures shot higher early Friday, as crude oil prices continued to climb. Dow Jones Industrial Average futures rose 157 points, or 1%, to 15,944, while S&P 500 futures jumped 20.25 points, or 1%, to 1,881. Nasdaq 100 futures gained 51.25 points, or 1.2%, to 4,181.25. Stocks finished higher on Thursday, aided by a rebound for oil prices. Gains came as U.S. crude oil climbed $1.31, or 4.4%, to $30.83 a barrel, while Brent crude jumped $1.48, or 5%, to $30.73 a barrel.

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.

…read more

From:: Stock Market News

Leave a Reply