S&P 500 futures approach record levels as traders brace for options expiration

by | Dec 15, 2023 | Stock Market

U.S. stock index futures pushing higher on Friday, with the Dow industrials poised for a third-straight record-setting session, though options expiries and index rebalancing could make for a volatile session.How stock index futures are trading
S&P 500 futures
ES00,
+0.25%
rose 12 points, or 0.2%, to 4,786

Dow Jones Industrial Average futures
YM00,
+0.30%
rose 97 points, or 0.2%, to 37,740

Nasdaq-100 futures
NQ00,
+0.27%
rose 51.25 points, or 0.3%, to 16,805

On Thursday, all three indexes logged their the sixth straight session of gains. The Dow industrials
DJIA
rose 158.11 points, or 0.4%, to finish at 37,248.35, the S&P 500
SPX
rose 0.26% to 4,719.55 and the Nasdaq Composite
COMP
gained 0.19% to 14,761.56.

What’s driving markets All three U.S. indexes are headed for weekly gains of more than 2%, but the Dow industrials has logged back-to-back record closes and was headed for a third on Friday. Renewed appetite for stocks in the waning days of 2023 has has been fueled by this week’s Federal Reserve meeting, where officials surprised investors by indicating rates have peaked and mapped out rate cuts for 2024. The S& …

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[mwai_chat context=”Let’s have a discussion about this article:nnU.S. stock index futures pushing higher on Friday, with the Dow industrials poised for a third-straight record-setting session, though options expiries and index rebalancing could make for a volatile session.How stock index futures are trading
S&P 500 futures
ES00,
+0.25%
rose 12 points, or 0.2%, to 4,786

Dow Jones Industrial Average futures
YM00,
+0.30%
rose 97 points, or 0.2%, to 37,740

Nasdaq-100 futures
NQ00,
+0.27%
rose 51.25 points, or 0.3%, to 16,805

On Thursday, all three indexes logged their the sixth straight session of gains. The Dow industrials
DJIA
rose 158.11 points, or 0.4%, to finish at 37,248.35, the S&P 500
SPX
rose 0.26% to 4,719.55 and the Nasdaq Composite
COMP
gained 0.19% to 14,761.56.

What’s driving markets All three U.S. indexes are headed for weekly gains of more than 2%, but the Dow industrials has logged back-to-back record closes and was headed for a third on Friday. Renewed appetite for stocks in the waning days of 2023 has has been fueled by this week’s Federal Reserve meeting, where officials surprised investors by indicating rates have peaked and mapped out rate cuts for 2024. The S& …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]

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