Dow Jones Futures Prediction: Index at 53,807 as Oil Hits $82.40, SanDisk Surges 35.4% Ahead of Wall Street Opening - Check Monday Market Outlook, Key Things To Watch
India, Aug. 17 -- The futures on Dow Jones kick off the day's trading on Monday as Wall Street finds itself in a balancing act between bullish equities and elevated crude oil prices, rates and geopolitics. The S&P 500 settled Friday at 7,804.25, whereas the Dow settled at 53,807. The Nasdaq ended at 30,154.
The broader rally continues but the pullback witnessed on Friday signals caution among investors. The S&P 500 rose 0.4% for the week, whereas the Nasdaq edged 0.1% and the Dow fell 0.6%, while the Russell 2000 rose 1.1%.
US Stock Market Prediction For Monday
The outlook on Monday is cautiously bullish. Solid earnings by companies, investments in artificial intelligence, and expectations of a stable policy from the Fed might drive th...
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