Stocks- U.S. Futures Higher as Investors Look to NATO Summit
Investing.com – U.S. futures rose on Thursday, as the NATO summit in Brussels was in focus and U.S. President Donald Trump spoke in favor of the alliance.
The rose 15 points or 0.54% to 2,789.00 as of 6:47 AM ET (10:47 GMT) while increased 177 points or 0.72% to 24,866.0. Meanwhile tech heavy gained 34 points or 0.47% to 7,287.75.
Trump said the U.S. is committed to NATO, as he participates in the last day of the NATO summit in Brussels.
“I believe in NATO,” Trump said at a news conference on Thursday morning.
Investors are watching closely as trade tensions between the U.S. and Europe weigh on the summit. The U.S. President tweeted on Thursday that all NATO nations should meet their 2% commitment goal, and the number should eventually increase to 4%.
Earnings season continues on Thursday, with Delta Air Lines (NYSE:) expected to report its second quarter results before the opening bell.
Twitter Inc (NYSE:) was among the top gainers in pre-market trading, rising 1.71%, while Tesla (NASDAQ:) was up 0.68% and semiconductor Micron Technology Inc (NASDAQ:) increased 0.52%.
Meanwhile Netflix (NASDAQ:) fell 0.46% while Helios and Matheson Analytics Inc (NASDAQ:) slumped 11.30% after it announced a stock public offering.
In economic news, and is scheduled for 8:30 AM ET (12:30 GMT). Both data sets will give investors clues about the health of the U.S. economy.
In Europe stocks were up. Germany’s rose 71 points or 0.57% while in France the increased 34 points or 0.64% and in London, the was up 59 points or 0.78%. Meanwhile the pan-European gained 11 points or 0.35% while Spain’s rallied 10 points or 0.11%.
In commodities, was flat at $1,244.40 a troy ounce while futures increased 0.80% to $70.94 a barrel. The which measures the greenback against a basket of six major currencies, was up 0.07% to 94.55.
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