US pre-open: Major indices on track for sixth-straight winning week

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Sharecast News | 18 Oct, 2024

Wall Street futures were mostly higher ahead of the bell on Friday, putting major indices on track for their sixth-straight winning week.

As of 1200 BST, Dow Jones futures were up 0.02%, while S&P 500 and Nasdaq-100 futures had the indices opening 0.16% and 0.36% firmer, respectively.

The Dow closed 161.35 points higher on Thursday, extending gains recorded in the previous session.

Netflix earnings were in focus early on Friday after the streaming giant's Q3 earnings beat Wall Street estimates on both the top and bottom lines, while insurer Travelers beat quarterly profit estimates on underwriting strength, investment gains.

American Express and Procter & Gamble will report earnings on Friday.

On the macro front, building permits and housing starts data will be published at 1330 BST.

Reporting by Iain Gilbert at Sharecast.com

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