U.S. Futures Point to Higher Open
Wednesday,
19-Dec-2018
04:33 PM (IST)
U.S. stock futures pointed to a higher open, with the Dow pointing to a triple-digit gain, as signs of progress in the U.S.-China trade dispute lifted sentiment, while traders eagerly awaited the Federal Reserve's latest monetary policy decision.The blue-chip Dow futures were up 188 points, or around 0.8%, the S&P 500 futures rose 20 points, or about 0.8%, while the tech-heavy Nasdaq 100 futures indicated a gain of 55 points, or roughly 0.85%.The move in premarket comes after another volatile session on Tuesday, which saw the S&P 500 close just above its 2018 low.Elsewhere, European shares rose cautiously, with gains in the banking and the pharmaceutical sectors lifting the market.Earlier, Asian shares ended broadly lower, with Japan's Nikkei losing 0.6%, while markets in mainland China fell over 1%.
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