US stock futures climbed on Wednesday night as markets extended recent gains, with the Nasdaq Composite surpassing 23,000 for the first time, as reported by CNBC.
S&P 500 futures rose nearly 0.2%, Nasdaq 100 futures added more than 0.2%, and Dow Jones Industrial Average futures gained 60 points, or 0.1%.
The S&P 500 recorded its eighth advance in nine sessions, while the Dow finished flat, with Nvidia’s 2% rise helping limit losses. Kevin Mahn, chief of investing at Hennion & Walsh Asset Management, told CNBC that optimism persists, but some volatility is likely, which could draw money off the sidelines.
With the government shutdown halting major economic releases, investors are focusing on Federal Reserve Chair Jerome Powell’s remarks at a community bank conference, along with speeches from Fed officials Michelle Bowman and Mary Daly. Earnings reports from Delta Air Lines and PepsiCo, due before the open, will provide additional market cues.