Dow Jones futures rose modestly early Friday, fueled by a soaring Nike stock. S&P 500 futures and Nasdaq futures advanced slightly after a strong session for the stock market rally.
) and Nike
) were key movers on earnings overnight while JPMorgan Chase
), Goldman Sachs
) and other big financials passed annual stress tests.
The Dow Jones led Thursday's gain as President Joe Biden announced a $1 trillion infrastructure deal with a bipartisan group of senators. That lifted Dow component Caterpillar
) as well as a variety of infrastructure-related stocks and ETFs, including Martin Marietta Materials
) and Global X U.S. Infrastructure Development ETF (PAVE
The S&P 500 definitely cleared its June 14 peak, joining the Nasdaq in new-high ground.
Several stocks broke out Thursday, including chipmakers Lattice Semiconductor
) and Kulicke & Soffa
) as well as Victoria's Secret parent L Brands
). Meanwhile, Align Technology
) and MLM stock offered early entries.
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