Dow futures rise 100 points Thursday evening, ahead of Memorial Day weekend
U.S. stock-index futures rose in thin trade Thursday evening as investors looked ahead to the final trading session of the week before a three-day weekend in the U.S. Futures for the Dow Jones Industrial Average YMM20, +0.40% were up nearly 104 points, or 0.4%, at 24,480, those for the S&P 500 index ESM20, +0.38% climbed less than 0.4%, at 2,948.75, while Nasdaq-100 future NQM20, +0.40% advanced 0.5% at 9,400.25. Markets in the U.S.
On Wednesday, the Senate, separately, passed legislation that could have the effect of banning Chinese companies from listing on U.S. exchanges. All of these actions have been mostly dismissed by investors but could renew Sino-American animosities. Still, the main equity benchmarks have gained for the week with returns pegged to optimism surrounding state reopenings.
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