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Investor Sentiment Stabilizes After Tech Rally, Driving Narrow Premarket Gains for US Equity Futures
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Investor Sentiment Stabilizes After Tech Rally, Driving Narrow Premarket Gains for US Equity Futures
Apr 29, 2024 5:43 AM

08:15 AM EDT, 04/29/2024 (MT Newswires) -- US equity futures were little changed Monday, stabilizing after last week's rally fueled by upbeat earnings from the technology sector.

Dow Jones Industrial Average futures gained 0.2%, S&P 500 futures increased 0.3%, and Nasdaq futures were 0.4% higher.

Shares of software giant Microsoft ( MSFT ) and Google parent Alphabet (GOOGL) surged on Friday after reporting strong quarterly results.

Oil prices were little changed, with front-month global benchmarks North Sea Brent crude down 0.07% and US West Texas Intermediate crude down 0.02%, as traders awaited developments surrounding the ceasefire talks between Hamas and Israel.

The Dallas Fed's general activity index for April is due for release at 10:30 am ET. The index came at a minus 14.4 reading in the preceding month.

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