Finance

Stock futures rise as S&P 500 looks to add to record

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A man walks past the charging bull statue near the New York Stock Exchange.

Mandel Ngan | AFP | Getty Images

Futures contracts tied to the major U.S. stock indexes rose Sunday evening after the S&P 500 notched its best week since February, as well as a new record, on Friday.

Futures tied to the S&P 500 rose 0.15% and those linked to the Dow Jones Industrial Average advanced 50 points. Nasdaq 100 futures gained 0.15%.

Stocks posted their best week in months on Friday as investors grew more relaxed about inflation, seeing the current price acceleration in the U.S. not as a sustained economic threat, but as a temporary uptick.

The S&P 500 ended Friday at a closing record high of 4,280.70, while…



Source cnbc.com

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