Finance

Stock futures rise slightly after market suffers 3 straight days of losses

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A man walks a dog in the shade away from the midday sun past the New York Stock Exchange (NYSE) building in Manhattan, during hot weather in New York City, New York, U.S., August 11, 2020.

Mike Segar | Reuters

Stock futures rose slightly in overnight trading on Thursday as investors await the latest retail sales data.

Futures on the Dow Jones Industrial Average gained about 70 points. The S&P 500 futures and the Nasdaq 100 futures both rose about 0.3%.

Retail sales data, due Friday at 8:30 a.m. ET, will offer an update on the recovery in consumer spending. Economists polled by Dow Jones expect retail sales to rise by 0.7% in September, following a 0.6% rebound in August. Excluding autos,…



Source cnbc.com

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