Dow Poised to Build on Record Highs
FOX Business: Capitalism Lives Here
U.S. stock-index futures climbed Monday, signaling the Dow was set to build on record highs in holiday-thinned trade.
As of 8:00 a.m. ET, Dow Jones Industrial Average futures climbed 17 points, or 0.11%, to 15719, S&P 500 futures advanced 2.3 points, or 0.13%, to 1768 and Nasdaq 100 futures gained 1.8 points to 3362.
The Dow notched its 34th record close of the year Friday, as the blue-chip average added a fifth week to its winning streak. It's jumped close to 5% over that period as traders continue bidding-up stocks.
Traders said Monday could be a light trading day, with bond markets closed for Veteran's Day in the U.S. The docket of economic data is also empty.
Still, there was corporate news for traders to parse through. Amazon.com (NASDAQ:AMZN) made a deal with the U.S. Postal Service to begin delivering packages in certain cities on Sunday. News Corp. (NASDAQ:NWSA), the former parent of FOX Business, is set to report its quarterly earnings after the closing bell.
In commodities, U.S. crude oil futures fell 40 cents, or 0.42%, to $94.20 a barrel. Wholesale New York Harbor gasoline rose 0.11% to $2.556 a gallon. Gold slid $1.20, or 0.09%, to $1,283 a troy ounce.