U.S. stock futures were up slightly Thursday night, following a strong trading session. The rally was fueled by investor optimism after the Federal Reserve cut interest rates. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 Index (SPX) were up 0.09%, 0.19%, and 0.12%, respectively, at 8:27 p.m. EDT on September 18.
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On Thursday, all three major averages, the Dow Jones, the S&P 500, and the Nasdaq Composite, closed at all-time highs and set new intraday records. The small-cap Russell 2000 was a standout performer, surging 2.5% to close at a record for the first time since 2021.
Heading into the end of the week, the Dow and the S&P 500 are on track for a 0.7% weekly gain. The Nasdaq Composite has climbed 1.5%, while the Russell 2000 has jumped nearly 3%. There are no major economic or earnings reports scheduled for Friday.
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