Dow Jones futures are up more than 100 points, signaling that Wall Street will continue tonight.

InfoQuest News Group (15 Aug ’24)

Dow Jones futures rose more than 100 points, signaling another rebound on Wall Street tonight. After yesterday’s promotion

At 7:18 pm Thai time, the Dow Jones Futures Index rose 134, or 0.33%, to 40,253 points.

The Dow Jones Index yesterday closed up more than 200 points, breaking through the 40,000 point line after the Consumer Price Index (CPI) and the Producer Price Index (PPI) dropped spread which was lower than expected. This will be a supporting factor for the US Federal Reserve’s (Fed) interest rate cut in September.

Investors monitor the performance of listed companies. Ingesting US economic numbers to find signs pointing to the direction of US interest rates.

The United States will release a number of economic figures tonight, including weekly jobless claims, retail sales, the import and export price index, the New York Fed’s manufacturing index, and Philadelphia Fed Y manufacturing targets, industrial production, industrial sector inventory and housing market index from the National Association of Home Builders (NAHB).

By Kongkiat Kawirakiti