Stock futures opened slightly higher this morning as investors continue to monitor the performance of major averages. As of now, here’s where the major averages stand:
The Dow Jones Industrial Average rose 0.8% last week and is up 0.5% month to date. Overall, it has gained 1.6% so far this year.
The S&P 500, on the other hand, lost 0.5% last week but is still up 0.9% for the month of October. Year to date, the index has experienced significant growth, up 12.7%.
Meanwhile, the Nasdaq Composite slipped 0.18% for the week but has registered a 1.4% increase in October. It continues to outperform, with a remarkable 28.1% gain in 2023.
Investors are closely watching these averages as they gauge market sentiment and assess the overall health of the economy. The slight increase in stock futures suggests cautious optimism among traders.
As always, market conditions are subject to change, and it is essential for investors to stay updated on the latest developments.