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US futures heading higher ahead of retail report

US stock futures moving higher with strong sales numbers expected from retailers

US futures heading higher ahead of retail report

NEW YORK (AP) -- U.S. stock futures are rising ahead of what are expected to be strong sales numbers for retailers.

Dow Jones industrial futures are up 40 points to 15,427. S&P futures have added 3.5 points to 1,690.60. Nasdaq futures are up 6.75 points to 3,130.75.

On Tuesday, the Commerce Department is expected to report that Americans in July increased their spending. That's crucial for an economic recovery.

The department is also expected to report that businesses are building stockpiles in response to stronger sales.


Updated : 2021-05-17 09:57 GMT+08:00