Stock Futures Inch Up After Dow Hits Record High: Live Updates

Money | July 16, 2024, 4:34 a.m.

On December 13, 2023, U.S. stock futures saw a slight increase following a record high closing for the Dow Jones Industrial Average. Futures linked to the 30-stock average rose by 0.1%, while S&P 500 and Nasdaq 100 futures also gained the same percentage. The previous session saw the Dow, S&P 500, and Nasdaq all posting gains. Investors are optimistic about the impact of an unsuccessful assassination attempt on former President Donald Trump, believing it could benefit the Republican presidential candidate and his party in the upcoming election. A GOP victory in November could lead to favorable tax and fiscal policies for investors. The market remains cautiously bullish as traders work on the floor of the New York Stock Exchange in New York City, anticipating potential developments in the political landscape.