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U.S. stocks appear poised for a positive opening on Monday, following a strong close last week despite the ongoing shutdown of the U.S. government, driven by optimism in the artificial intelligence sector.
The Dow Jones Industrial Average and the S&P 500 closed at record highs on Friday, notching their sixth consecutive day of gains.
While Dow Jones futures were up by 0.18% at the time of writing, the S&P 500 futures rose 0.38%, while the tech-heavy Nasdaq 100’s futures surged 0.59%. Meanwhile, futures of the Russell 2000 index gained 0.41%.
Meanwhile, the SPDR S&P 500 ETF (SPY) was up 0.37% at the time of writing, Invesco QQQ Trust (QQQ) rose 0.6% on Monday morning, and SPDR Dow Jones Industrial Average ETF Trust (DIA) gained 0.17%.
Asian markets ended Monday’s trading session on a mixed note, with the Nikkei 225 leading with gains of 4.66%, while the Hang Seng index declined 0.67%.
The TWSE Capitalization Weighted Stock index was closed for trading on account of the Mid-autumn festival, while the KOSPI was closed for Chuseok Festivity, and the Shanghai Composite was closed for trading on account of National Day.
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