Aerial view of Seoul downtown city skyline with vehicle on expressway and bridge cross over Han river in Seoul city, South Korea.
Mongkol Chuewong | Moment | Getty Images
U.S. equity futures rose in Asia hours before the year stretches into the second half.
All three key benchmarks on Wall Street rose sharply in last Friday’s session. The broad-based S&P 500 hit a new record in more than four months after ending the session about 0.5% higher at 6,173.07 — overtaking its previous record of 6,147.43.
The Nasdaq Composite also reached an all-time high, closing at a record after adding about 0.5%, while the Dow Jones Industrial Average rose nearly 1%.
The three benchmarks have staged a sharp recovery this month from the lows seen in April during the height of trade policy tensions. The whipsaw of global trade negotiations can quickly sway market sentiment and pose an ongoing threat to the strength of this rally.
— CNBC’s Pia Singh contributed to this report.
