US pre-open: Futures flat following S&P 500 and Nasdaq's record closes

(Sharecast News) - Wall Street futures were pointing to a somewhat muted open ahead of the bell on Friday after both the S&P 500 and Nasdaq Composite managed to chalk up another fresh record close. As of 1245 BST, Dow Jones and S&P 500 futures were up 0.11% and 0.08%, respectively, while Nasdaq-100 futures were down 0.02%.

The Dow closed 316.38 points lower on Thursday after Donald Trump made a historic visit to the Federal Reserve's headquarters.

Despite Thursday's losses, the blue-chip Dow Jones was still on track to wrap up the week in the green, as were the other two major indices, as news of potential trade deals buoyed sentiment.

On Thursday's macro slate, monthly durable goods orders numbers will be published at 1330 BST.

In the corporate space, chipmaker Intel traded slightly higher in pre-market action after posting Q2 revenues that topped analysts' estimates, while Paramount shares were also in the green after the Federal Communications Commission gave its $8.0bn merger with Skydance Media the go-ahead.





Reporting by Iain Gilbert at Sharecast.com