The US index futures are trading higher on June 26, indicating that the Wall Street may resume its move towards all-time highs.
In early trade, S&P 500 futures was higher by 0.3%, Nasdaq 100 futures up 0.31%, and Dow Jones Industrial Average futures up 0.4%. The S&P 500 is currently less than a percent away from its all-time high, while the Nasdaq Composite is 1.1% away, and the Dow Jones Industrial Average is 4.6% below its record peak.
On June 25, the S&P 500 closed at 6,092.16, while the Nasdaq Composite added 0.31% to finish at 19,973.55. The Dow Jones Industrial Average slipped 0.25% to settle at 42,982.43.
Notable gainers included Nvidia, up 4.3%; Alphabet, which rose 2.3%; and AMD, gaining 3.6%. On June 26, strong earnings from Micron Technology is supporting demand for chip-related shares in pre-trading session.
The US markets have remained largely steady amid a continuing ceasefire in the Middle East, with investors watching closely for data on jobless claims and earnings reports from Walgreens and Nike, both due later in the session.
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