Monday, a lean day of economic announcements, investors might be focusing on geo-political developments and the new policy changes by President Donald Trump
Nvidia (NVDA) has scheduled quarterly earnings report on February 26.
Initial trends on the U.S. Futures Index suggest that Wall Street might open positive on Monday
As of 7.50 am ET, the Dow futures were up 291.00 points, the S&P 500 futures were adding 26.25 points and the Nasdaq 100 futures were progressing 65.25 points.
The U.S. major averages finished lower on Friday. The Dow plunged 748.63 points or 1.7 percent to 43,428.02, the Nasdaq dove 438.36 points or 2.2 percent to 19,524.01 and the S&P 500 slumped 104.39 points or 1.7 percent to 6,013.13.
On the economic front, the Chicago Fed National Activity Index for January will be released at 8.30 am ET. In the prior month, the Index was up 0.15.
The Dallas Fed Manufacturing Survey for February is scheduled at 10.30 am ET. In the prior month, the General Activity Index was up 14.1 and the Production Index was up 12.2.
Two-year Treasury Note auction will be held at 1.00 pm ET.
Six-month Treasury bill auction will be held at 11.30 am ET.
Asian stocks ended mostly lower on Monday. China’s Shanghai Composite index slid 0.18 percent to 3,373.03.
Hong Kong’s Hang Seng index slipped 0.58 percent to 23,341.61 after a choppy session.
Japanese stock markets were closed today.
Australian markets were higher at the close. The benchmark S&P/ASX 200 edged up 0.14 percent to 8,308.20 while the broader All Ordinaries index settled 0.13 percent lower at 8,560.10.
Business News
Wall Street Targets To Open Positive
2025-02-24 13:12:58
