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U.S. Stock Futures Steady after S&P 500 (SPX) Hits Record High

U.S. Stock Futures Steady after S&P 500 (SPX) Hits Record High

U.S. stock futures were flat on Wednesday night, after the S&P 500 Index (SPX) hit a record high earlier in the day. Futures on the Dow Jones Industrial Average (DJIA) were up 0.04% at 9:53 p.m. EDT on October 8, while the Nasdaq 100 (NDX) and the S&P 500 Index futures were down 0.03%, and 0.01%, respectively.

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During Wednesday’s session, the S&P 500 secured its eighth gain in the last nine days. Also, the tech-heavy Nasdaq Composite had a strong day, climbing over 1% to close above the 23,000 mark for the first time ever. In contrast, the Dow Jones closed slightly lower.

No major economic data releases are expected on Thursday due to the ongoing government shutdown. However, traders will closely monitor comments from Fed Chair Jerome Powell at a community bank conference, alongside speeches from Governors Michelle Bowman and Mary Daly later in the day.

Additionally, key earnings reports from corporate giants Delta Air Lines (DAL) and PepsiCo (PEP) are due before the opening bell tomorrow.

Stay ahead of macro events with our up-to-the-minute Economic Calendar — filter by impact, country, and more.

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