Dow futures tick higher following relief rally

By Oliver Gray 

Investing.com - U.S. stock futures were trading slightly higher during Monday's evening deals, extending gains from the regular session as investors bought the dip following the Swiss government-approved takeover of Credit Suisse Group AG (SIX:CSGN) by UBS Group AG (SIX:UBSG).

By 18:40 ET (22:40 GMT) Dow Jones futures and S&P 500 futures were 0.1% higher, while Nasdaq 100 futures traded flat.

Ahead in Tuesday's session, traders will be closely monitoring existing home sales data as well as fresh earnings data from Nike Inc (NYSE:NKE), Tencent Music Entertainment Group (NYSE:TME) and GameStop Corp (NYSE:GME).

During Monday's regular trade, the Dow Jones Industrial Average added 382.6 points or 1.2% to 32,244.6, the S&P 500 added 34.9 points or 0.9% to 3,951.6, and the Nasdaq Composite gained 45 points or 0.4% to 11,675.5 as investors proved optimistic on the prospects of slowing rate hikes from Federal Reserve policymakers following the recent banking crisis.

On the bond markets, United States 10-Year rates were at 3.483%.

Begin trading today! Create an account by completing our form

Privacy Notice

At One Financial Markets we are committed to safeguarding your privacy.

Please see our Privacy Policy for details about what information is collected from you and why it is collected. We do not sell your information or use it other than as described in the Policy.

Please note that it is in our legitimate business interest to send you certain marketing emails from time to time. However, if you would prefer not to receive these you can opt-out by ticking the box below.

Alternatively, you can use the unsubscribe link at the bottom of the Demo account confirmation email or any subsequent emails we send.

By completing the form and downloading the platform you agree with the use of your personal information as detailed in the Policy.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Back to top

Office network

One Financial Markets is the trading name of Axi Financial Services (UK) Ltd, a company registered in England with company number 6050593. Axi Financial Services (UK) Ltd is authorised and regulated by the Financial Conduct Authority in the UK (under firm reference number 466201)

The information on this site is not directed at residents of the United States, Belgium, Poland or any particular country outside the UK and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

www.onefinancialmarkets.com is owned and operated by Axi Financial Services (UK) Ltd.

Award winning broker
We have been presented with a number of awards that recognise the quality of our service and dedication to our clients :

Best FSA Regulated Broker
Saudi Money Expo

Best Education Product
Saudi Money Expo

Best Broker - Online Trading
IAIR Awards

Best Institutional Broker
Saudi Money Expo

Best FX Services Broker
CN Forex

Top International
FX Broker 2015

Saudi Money Expo

Broker of the Year
Online Trading – Middle East

IAIR Awards

Best Forex
Customer Service 2018

JFEX Awards

We accept the following payment methods: