Finance

Stock futures inch higher after S&P 500 retreats from record

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Futures contracts tied to the major U.S. stock indexes ticked higher in the overnight session Wednesday evening after the S&P 500 retreated from record levels during the regular session.

Contracts tied to the Dow added 53 points, while those pegged to the S&P 500 rose about 0.15%. Nasdaq 100 futures advanced a similar 0.15%.

The moves in the overnight session came after the S&P 500 slipped from record levels during Wednesday’s regular session as pressure on tech offset optimism sparked by the first round of major corporate earnings that largely exceeded expectations.

The broad equity benchmark dipped 0.4% after hitting a fresh record early on Wednesday. The Dow Jones Industrial Average…



Source cnbc.com

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