Stock futures edged slightly higher on Thursday following the first winning session in three days for the major averages.
Futures linked to the Dow Jones Industrial Average rose by 37 points, or 0.1%. Meanwhile, S&P 500 futures saw a modest increase of 0.2%, and Nasdaq-100 futures surged by 0.4%.
Victoria’s Secret experienced a sharp decline of 29% after reporting mixed quarterly results and offering disappointing guidance. Conversely, U.S.-listed shares of Novo Nordisk surged over 5% following positive trial results for an obesity treatment.
These movements occurred in the wake of a positive day on Wednesday, a departure from the previous two losing sessions earlier in the week. Of the 11 major S&P sectors, nine ended the day in the green, with utilities leading the way.
During Wednesday’s trading session, New York Community Bancorp initially plummeted by over 40%, but managed to close with a 7.5% gain after announcing a $1 billion capital raise.
Source (CNBC)
