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Home>U.S. stocks set to hover at record levels, with Fed speakers in the spotlight

U.S. stocks set to hover at record levels, with Fed speakers in the spotlight

U.S. stocks set to hover at record levels, with Fed speakers in the spotlight

10/05/2017

By Barbara Kollmeyer, MarketWatch

Constellation Brands and SeaWorld shares in focus

U.S. stock futures indicated a flat start for Wall Street on Thursday, with major indexes expected to hover at or just below record levels as investors await appearances by several Federal Reserve officials.

What are stock benchmarks doing?

Dow Jones Industrial Average futures were flat at 22,607, while S&P 500 futures inched up 0.05 point to 2,536.25 and Nasdaq-100 futures added 3 points to 6,007.

Stocks eked out record gains and extended a streak of advances on Wednesday (http://www.marketwatch.com/story/us-stocks-set-to-catch-their-breath-after-record-run-but-tesla-jumps-2017-10-04). The S&P 500 finished up 0.1% to a record of 2,537.74, the seventh-straight positive session. The Dow industrials closed up 0.1% to an all-time high of 22,661.57, while the Nasdaq Composite Index also rose 0.1% to 6,534.63.

What could drive markets?

Weekly jobless claims are due at 8:30 a.m. Eastern Time, along with the trade deficit for August. factory orders for August are expected at 10 a.m. Eastern.

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