You are here: Home » Reuters » News
Business Standard

Futures edge up, S&P set for record open


By Sruthi Shankar(Reuters) - U.S. stock futures edged higher on Tuesday, keeping alive Wall Street's 2018 winning streak that is powered by robust economic data and expectations of earnings boost from corporate tax cuts.Asian and European markets rose to a record high, buoyed by an upbeat industrial production data from Germany and gains in commodity stocks.Oil rose above $68 a barrel, touching its highest since May 2015, supported by OPEC-led production cuts and expectations of lower U.S. crude inventories.The stock rally slowed slightly on Monday but gains in technology, utilities and real ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Tue, January 09 2018. 18:53 IST