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S&P 500 Futures Surge as Wall Street Seeks to Recover from another Negative Session

The U.S. stock futures experienced a slight increase on Thursday as the market aimed to recover from a previous losing session. Futures related to the S&P 500 saw a 0.4% gain, while Nasdaq-100 futures saw an advancement of 0.7%. Dow Jones Industrial Average futures, on the other hand, remained relatively unchanged.

In the premarket, Apple shares rose more than 1% after Bank of America upgraded them to buy, predicting a potential upside of over 20% within the next 12 months.

After a day of declining Treasury yields, Wall Street encountered a session of losses for the major averages on Wednesday. The Dow Jones dropped 0.25% in its third consecutive decline, while the S&P 500 slid 0.56% and the Nasdaq Composite suffered a 0.59% loss. Both the S&P 500 and Nasdaq have experienced declines for two consecutive days.

Source (CNBC)

SourceCNBC
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