Futures on major US indices gain on President's Day
Futures on Wall Street indices finished last week at record levels and the upward move is being continued today. Acceleration in the vaccination process is one of the key drivers behind the move. The second one is the lower threat of the US economy overheating. A point to note is that Wall Street will not open for the cash session today due to President's Day holiday. Nevertheless, futures on US indices will trade until 6:00 pm GMT today. S&P 500 is trading around 5% year-to-date while Nasdaq100 and Dow Jones gained around 7 and 3%, respectively. Small-cap Russell 2000 is a clear outperformer as it trades over 16% higher year-to-date.
Major US indices reach new record highs on President's Day (US100 - red, US500 - yellow, US2000 - blue). Source: xStation5
Start investing today or test a free demo
Create account Try a demo Download mobile app Download mobile appThis content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
