Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

Stocks - U.S. Futures Point to Positive Start to Q4 

Published 2019-10-01, 06:54 a/m
Updated 2019-10-01, 07:08 a/m
© Reuters.

© Reuters.

Investing.com - U.S. futures pointed to a higher opening bell on Tuesday, setting a positive tone for the fourth-quarter as political and economic uncertainty remained in the background.

The impeachment process rumbles on, but the market remains generally unmoved by reports indicating that Secretary of State Mike Pompeo was also on the call when President Donald Trump asked Ukraine's president to look into corruption allegations against former Vice President Joe Biden's son.

Nasdaq 100 futures gained 18 points or 0.2% by 6:53 AM ET (10:53 GMT), while Dow futures rose 48 points or 0.2% and S&P 500 futures were up 5 points or 0.2%.

Tesla (NASDAQ:TSLA) gained 0.4% in premarket trade, as investors waited for the electric car company to update its deliveries report in the next few days. Apple (NASDAQ:AAPL) was up 0.6%, while Amazon.com (NASDAQ:AMZN) rose 0.7%. Banking stocks were also higher, with Morgan Stanley (NYSE:MS) and Goldman Sachs (NYSE:GS) rising 0.8%.

On the data front, the manufacturing Purchasing Managers’ index comes out at 9:45 AM ET, while construction spending figures will be out at 10 AM ET, along with the Dallas Federal Reserve service-sector numbers.

In commodities, crude oil futures rallied 1% to $54.62 a barrel. Gold futures were up 0.2% to $1,475.75 a troy ounce, while the U.S. dollar index, which measures the greenback against a basket of six major currencies, rose 0.1% to 99.097.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.