Stock futures rise after Nasdaq hits new record high: Live updates

Live updates

1. 1h ago

   US Markets Rally to Cap Volatile Week

   US stock indices rose on Friday, capping a volatile trading week driven by megacap tech stocks and fluctuating oil prices. The Dow Jones Industrial Average increased by 423.31 points, or 0.83 percent, closing at 51,654.95. The S&P 500 rose 0.59 percent to 7,811.54, while the Nasdaq Composite also advanced as artificial intelligence related stocks were bought back following previous sell-offs. Investors navigated competing pressures from rising Treasury yields, Middle East tensions, and upcoming corporate earnings reports.

   Why it matters

   Wall Street experienced a turbulent week marked by shifting inflation worries, rebounding oil prices, and caution surrounding upcoming Federal Reserve minutes. Despite midweek pullbacks that pushed major indices away from record highs, late-week rallies driven by tech sector rebounds helped stabilize valuations. Market participants continue to weigh elevated bond yields against corporate earnings optimism as the upcoming earnings season approaches.

   What is confirmed

   • The Dow Jones Industrial Average rose 423.31 points, or 0.83 percent, to close at 51,654.95 on Friday.
   • The S&P 500 rose 0.59 percent to 7,811.54 on Friday.
   • The Nasdaq Composite and S&P 500 reached record highs earlier in the week before experiencing mid-week retreats.
   • US stocks rose on Friday as oil prices fell and tech stocks rebounded.

   Still unconfirmed

   • The Dow tumbled over 550 points earlier in the week as Middle East tensions pushed oil above $100.

   What to watch next

   • Upcoming earnings reports from major banks to justify record valuations.
   • Release of Federal Reserve meeting minutes and subsequent monetary policy indications.
   Sources used for this update (17)

   1. AP News — Asian shares are higher as easing worries over inflation reduce odds for another Fed rate hike
   2. Reuters — S&P 500 up, Nasdaq at record high as megacap tech stocks rise
   3. Yahoo Finance — Stock market today: Dow, S&P 500, Nasdaq rise as tech rallies, investors shrug off bond market caution
   4. Bloomberg.com — Asia Stocks Set to Rise After Tech Rally, Oil Dips: Markets Wrap
   5. www.cnbc.com — Stock futures are little changed after Nasdaq hits new record
   6. CNBC — Stock futures edge higher after Nasdaq hits new record: Live updates
   7. WSJ — Stock Market Today: S&P Futures Rise, Putting New Record In Sight — Live Updates
   8. finance.yahoo.com — Stock market today: Dow, S&P 500, Nasdaq futures climb after record-breaking rally
   9. www.cnbc.com — Stock market today: Live updates
   10. economictimes.indiatimes.com — Dow Jones| Nasdaq | US Stock Market Today | Live: Dow tumbles over 550 pts as Mideast tensions push oil above $100
   11. economictimes.indiatimes.com — Why is the US stock market down today? Dow Jones, Nasdaq and S&P 500 in deep red — rising Treasury yields, oil prices and Fed uncertainty weigh on stocks
   12. www.abc.net.au — Markets live: Wall Street hits new record highs but ASX likely to open flat - ABC News
   confidence 90%