Futures contracts tied to the major U.S. stock indexes held steady early Thursday, hours after the Nasdaq Composite clinched its 25th record close for 2020.
Dow Jones Industrial Average futures implied an opening loss of less than 20 points when trading resumes on Thursday. S&P 500 and Nasdaq-100 futures pointed to similar muted action.
The Nasdaq rose 1.44% between a 2.3% rally in Apple, a 2.7% rise in Amazon and a 3.49% climb in Nvidia. The index closed at a record high 10,492.50.
The S&P 500 notched a more modest 0.78% gain on Wednesday while Microsoft and Goldman Sachs helped push the Dow up 177 points, or 0.68%
Since last week’s close, the S&P 500, Dow and Nasdaq Composite are up 1.28%, 0.93% and 2.79%, respectively. The Nasdaq is up 29.68% over the last three months.
