S&P 500 Futures Edge Up 0.1% as Index Extends 3-Week Winning Streak
Updated
Updated · CNBC · Aug 16
S&P 500 Futures Edge Up 0.1% as Index Extends 3-Week Winning Streak
1 articles · Updated · CNBC · Aug 16
Summary
S&P 500 and Nasdaq 100 futures rose 0.1% and 0.2% late Sunday, while Dow futures were flat after the benchmark logged a third straight weekly gain.
Three weeks of gains have been driven by a blockbuster earnings season that pushed the S&P 500 to fresh all-time highs, even as Friday's cash session ended lower.
Wall Street has kept climbing despite Middle East hostilities and lingering doubts around the AI trade, with strategists saying investors are growing more comfortable with the backdrop.
Wednesday's Fed minutes are the week's main macro event, alongside retail results from Home Depot, Lowe's and Walmart and August readings on New York manufacturing and housing sentiment.