US stock futures were little changed on Thursday after the major averages advanced for the fourth straight day during Wednesday’s regular session. In extended trading, Salesforce jumped about 6% after the software firm reported better-than-expected second quarter results and third quarter guidance. In regular trading on Wednesday, the Dow rose 0.11%, the S&P 500 gained 0.38% and the Nasdaq Composite advanced 0.54%, with 9 out of the 11 S&P sectors ending higher led to the upside by technology, energy and industrials. Those moves came as weaker-than-expected US data suggested the Federal Reserve could be done with policy tightening, boosting equities. Updated GDP figures showed the US economy grew less than previously thought in the second quarter and job creation slowed more than expected in August according to ADP. Investors now look ahead to July personal consumption expenditures and weekly jobless claims data on Thursday.
Historically, the United States Stock Market Index (US30) reached an all time high of 36952.65 in January of 2022. United States Stock Market Index (US30) - data, forecasts, historical chart - was last updated on August of 2023.
The United States Stock Market Index (US30) is expected to trade at 33464.18 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 30949.99 in 12 months time.