Dow futures have rebounded nearly 100 points, indicating Wall Street will be higher today. which is the first trading day of Aug.
At 8:04 p.m. Thai time, the Dow futures index gained 93 points, or 0.27%, to 34,925 points.
Stocks that benefit from the opening of the economy, such as cruise ships and airlines. including bank stocks Both rebounded in pre-opening trading today.
The S&P 500 rose 2.3 percent in July, marking its biggest monthly gains since 2018, while the Dow and Nasdaq jumped 1.3 percent and 1.2 percent, respectively.
Wall Street’s jump in July was boosted by strong earnings releases at listed companies.
The companies in the S&P 500 index, which reported second-quarter results, saw 88% higher-than-expected profits.
Additionally, companies in the S&P 500 are likely to report an 85.1 percent gain in second-quarter earnings, their best growth since 2009.