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U.S. Stock Futures Tick Up Following S&P 500’s Record Close

U.S. Stock Futures Tick Up Following S&P 500’s Record Close

U.S. stock futures were slightly up Thursday night after a wave of strong earnings reports and economic data pushed the S&P 500 Index (SPX) to a record close. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 were up 0.03%, 0.09%, and 0.13%, respectively, at 10:00 p.m. EDT on July 17.

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This follows a positive day for Wall Street. The S&P 500 jumped 0.5%, hitting a new all-time high and closing at a record. Also, the Nasdaq Composite and the Dow Jones climbed about 0.7% and 0.5%, respectively.

In major earnings, PepsiCo (PEP) and United Airlines (UAL) reported upbeat results. At the same time, robust economic data also aided the market sentiment.

Investors are now turning their attention to more earnings reports scheduled for Friday, including 3M (MMM) and American Express (AXP). On the economic front, the preliminary reading for the July Consumer Sentiment data is due for release.

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