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Trump Bets Fuel Premarket Gains for US Equity Futures
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Trump Bets Fuel Premarket Gains for US Equity Futures
Jul 15, 2024 5:24 AM

08:09 AM EDT, 07/15/2024 (MT Newswires) -- US equity futures were higher pre-bell Monday as traders assessed the implications of an assassination attempt against former US president Donald Trump.

The Dow Jones Industrial Average futures rose 0.5%, S&P 500 futures gained 0.4%, and Nasdaq futures were up 0.5%.

On Saturday, the presidential candidate was injured in a shooting during a campaign rally in Butler, Pennsylvania, which was seen as likely to improve his chances of winning the upcoming presidential election.

Oil prices were little changed, with front-month global benchmark North Sea Brent crude down 0.2% at $84.88 per barrel and US West Texas Intermediate crude down 0.3% at $80.82 per barrel.

The Empire State Manufacturing Index, scheduled for release at 8:30 am ET, is expected to come in at minus 5.5 in July versus June's minus 6.0, according to estimates compiled by Bloomberg.

Federal Reserve Chair Jerome Powell is scheduled to speak in an interview hosted by the Economic Club of Washington at 12 noon ET.

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