Sunday, December 07, 2025 | 04:13 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

S&P futures turn slightly positive after GDP data

Image

Reuters

(Reuters) - U.S. stock futures cut losses and even edged marginally higher on Friday after data showed third-quarter economic growth was revised lower, but the pace was likely strong enough to keep growth on track to hit the Trump administration's 3 percent target this year.

Sentiment was weak earlier as investors fretted on increasing worries of slowing global growth and the threat of a U.S. government shutdown.

At 8:39 a.m. ET, Dow e-minis were up 15 points, or 0.07 percent. S&P 500 e-minis were up 3 points, or 0.12 percent and Nasdaq 100 e-minis were down 3.5 points, or 0.06 percent.

Moments before the data, Dow e-minis were down 0.21 percent, S&P 500 e-minis were down 0.23 percent and Nasdaq 100 e-minis were down 0.43 percent.

 

(Reporting by Medha Singh in Bengaluru; Editing by Shounak Dasgupta)

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 21 2018 | 7:42 PM IST

Explore News