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U.S. futures point to another record high

Friday,   21-Sep-2018   03:36 PM (IST)

As surging tech stocks and fading concerns about trade pushed the Dow to a record close a day earlier, U.S. futures pointed to a continuation of the upward trend.The blue-chip, Dow futures rose 40 points, or 0.15%, S&P 500 futures gained 2 points, or 0.07%, while the Nasdaq 100 futures traded up 10 points, or 0.13%.Elsewhere, European shares rose strongly nearing midday trade on Friday, extending their gains from the previous session as a relief rally due to easing fears of a trade war helped Wall Street hit record highs. The benchmark Euro Stoxx 50 gained 0.7%.Earlier, Asian stocks were boosted by the positive performance in New York. Japan’s Nikkei 225 rose 0.9%, while China’s Shanghai Composite soared 2.5%.