US pre-open: Futures trade higher following Dow's sixth straight losing session
By Iain Gilbert
Date: Friday 13 Dec 2024
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Friday after the blue-chip Dow Jones turned in its sixth-consecutive losing session.
As of 1300 GMT, Dow Jones futures were up 0.16%, while S&P 500 and Nasdaq-100 futures had the indices opening 0.36% and 0.82% firmer, respectively.
The Dow closed 234.44 points lower on Thursday after last month's producer price index came in hotter-than-expected.
Futures traded higher early on Friday as the Dow Jones looks to end an otherwise lowing week on a more positive note.
On Friday's macro slate, import/export figures for November will be published at 1330 GMT.
In the corporate space, Broadcom shares were up double digits in pre-market trading after the chipmaker topped Q4 adjusted earnings estimates overnight after AI revenues surged 220% year-on-year.
No major earnings were slated for release on Friday.
Reporting by Iain Gilbert at Sharecast.com
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