India, April 23 -- Early signs from the U.S. Futures Index suggest that Wall Street might open lower on Thursday, after there are no immediate sign of ending of the conflict in the Middle East. Oil prices continue to surge amid the continued closure of the critical Strait of Hormuz. Gold was subdued at $4,721 an ounce, as the dollar held firm. Brent crude futures climbed above $103 a barrel.
As of 7.30 am ET, the Dow futures were declining 375.00 points, the S&P 500 futures were sliding 36.00 points and the Nasdaq 100 futures were down 132.75 points.
The U.S. major averages finished higher. The Nasdaq surged 397.60 points or 1.6 percent to 24,657.57 and the S&P 500 jumped 73.89 points or 1.1 percent to 7,137.90.
On the economic front, th...