Futures Little Changed Following S&P Peak


Stock futures were calm on Wednesday after Wall Street saw the S&P 500 close at a fresh high.

Futures for the Dow Jones Industrials moved upward 36 points, or 0.1%, to 39,516.

Futures for the S&P 500 picked up four points, or 0.1%, to 5,245.25.

Futures for the NASDAQ gained 3.75 points to 18,481, after February U.S. inflation data came in about in line with expectations.

The bull market for stocks has shown signs of broadening out in recent weeks, but chipmaker Nvidia still remains a key bellwether. Shares of Nvidia rose more than 7% on Tuesday, erasing nearly all of their losses from the prior two sessions and bringing the year to date gain to about 86%.

In Japan, the Nikkei 225 faded 0.3% Wednesday, while in Hong Kong, the Hang Seng index lost 0.1%.

Oil prices jumped $1.16 to $78.72 U.S. a barrel.

Gold prices acquired three dollars to $2,169.10.



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