Dow futures climb over 200 points after Wall Street snaps a losing run

U.S. stock futures advanced on Wednesday, with Wall Street poised to build on its climb out of a four-straight losing hole.

U.S. stock futures advanced on Wednesday, with Wall Street poised to build on its climb out of a four-straight losing hole as the long Christmas weekend nears.How are stock-index futures trading? On Tuesday, the S&P 500 SPX rose 0.1% to finish at 3,821.62,... U.S. stock futures advanced on Wednesday, with Wall Street poised to build on its climb out of a four-straight losing hole as the long Christmas weekend nears.How are stock-index futures trading? On Tuesday, the S&P 500 SPX rose 0.

Results from Nike NKE and FedEx FDX may also be boosting sentiment. Shares of Nike jumped 10% in premarket trading after the sports retailer’s earnings and sales blew out analysts expectations. And FedEx stock was up over 4% after investors looked past softer-than-expected sales, to the package-delivery group’s profit forecast and plans to slash an extra $1 billion in costs.

Investors are not ready to let go of the idea that the U.S. economy remains on firmer footing, despite recession worries, said Naeem Aslam, chief market analyst at AvaTrade, in a note to clients.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Celestial Farms to close: Home to 200 animals, sanctuary succumbs to financial pressuresCiting money woes, Celestial Farms, a 12-year-old farm animal sanctuary and educational center on Jacksonville's Northside, will close at year's end.
Read more »

GBP/JPY Price Analysis: Bears cheer BOJ’s readiness to act, 200-DMA in focusGBP/JPY Price Analysis: Bears cheer BOJ’s readiness to act, 200-DMA in focus – by anilpanchal7 GBPJPY Technical Analysis ChartPatterns BOJ Crosses
Read more »

GBP/USD Price Analysis: Pierces through monthly key support with eyes on 200-SMAGBP/USD Price Analysis: Pierces through monthly key support with eyes on 200-SMA – by anilpanchal7 GBPUSD Technical Analysis SwingTrading ChartPatterns SupportResistance
Read more »

Almost 200 nations promise to protect 30 percent of the planet's land and oceans | EngadgetNearly 200 countries have agreed to protect 30 percent of Earth's lands and oceans by 2030..
Read more »

AUD/USD Price Analysis: Retreats from 200-SMA as bears brace for 0.6580AUD/USD Price Analysis: Retreats from 200-SMA as bears brace for 0.6580 – by anilpanchal7 AUDUSD Technical Analysis ChartPatterns SupportResistance Majors
Read more »