{"id":84524,"date":"2020-10-08T14:26:00","date_gmt":"2020-10-08T11:26:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/stock-futures-point-higher-on-optimism-over-stimulus-prospects\/"},"modified":"2020-10-08T14:26:00","modified_gmt":"2020-10-08T11:26:00","slug":"stock-futures-point-higher-on-optimism-over-stimulus-prospects","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/stock-futures-point-higher-on-optimism-over-stimulus-prospects\/","title":{"rendered":"#\n  Stock futures point higher on optimism over stimulus prospects"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a32f16a83d7e\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a32f16a83d7e\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/stock-futures-point-higher-on-optimism-over-stimulus-prospects\/#IBM_shares_surge_premarket_on_plan_spin_off_infrastructure_services_unit\" >IBM shares surge premarket on plan spin off infrastructure services unit<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/stock-futures-point-higher-on-optimism-over-stimulus-prospects\/#William_Watts\" >William Watts<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#<br \/>\n  Stock futures point higher on optimism over stimulus prospects<br \/>\n<\/strong>&#8221;<\/p>\n<h2 class=\"article__subhead\" itemprop=\"alternativeHeadline\"><span class=\"ez-toc-section\" id=\"IBM_shares_surge_premarket_on_plan_spin_off_infrastructure_services_unit\"><\/span>\n  IBM shares surge premarket on plan spin off infrastructure services unit<br \/>\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><\/p>\n<div class=\"column column--full article__content\">\n<div id=\"js-article__body\" class=\"article__body article-wrap at16-col16 barrons-article-wrap\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0000028394\">\n<div class=\"barrons-article-ad-wrapper\">\n<div data-track=\"barrons-article-ad-wrap\" class=\"barrons-article-ad sticky_item\">\n<div class=\"barrons-main-article-ad-target sticky_target body_ad\" aria-hidden=\"true\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div data-layout=\"inline\n              \" data-layout-mobile=\"\" class=\"\n        media-object\n        type-InsetMediaIllustration\n          inline\n  article__inset\n        article__inset--type-InsetMediaIllustration\n          article__inset--inline\n  \"><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        renoImageFormat-\n        img-inline\n        article__inset__image\n      \" itemscope itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<div style=\"padding-bottom:66.71875%;\" data-mobile-ratio=\"66.71875%\" data-layout-ratio=\"66.71875%\" data-subtype=\"\" class=\"image-container  responsive-media article__inset__image__image\">\n        <img decoding=\"async\" srcset=\"https:\/\/images.mktw.net\/im-242164?width=140&amp;size=1.4988290398126465 140w,\nhttps:\/\/images.mktw.net\/im-242164?width=540&amp;size=1.4988290398126465 540w,\nhttps:\/\/images.mktw.net\/im-242164?width=620&amp;size=1.4988290398126465 620w,\nhttps:\/\/images.mktw.net\/im-242164?width=700&amp;size=1.4988290398126465 700w,\nhttps:\/\/images.mktw.net\/im-242164?width=860&amp;size=1.4988290398126465 860w,\nhttps:\/\/images.mktw.net\/im-242164?width=1260&amp;size=1.4988290398126465 1260w\" sizes=\"(max-width: 140px) 100px,\n(max-width: 540px) 500px,\n(max-width: 620px) 580px,\n(max-width: 700px) 660px,\n(max-width: 860px) 820px,\n1260px\" src=\"https:\/\/images.mktw.net\/im-242164?width=620&amp;size=1.4988290398126465\" data-enlarge=\"https:\/\/images.mktw.net\/im-242164?width=1260&amp;size=1.4988290398126465\" alt=\"\" title=\"\"><\/div><figcaption class=\"wsj-article-caption article__inset__image__caption\" itemprop=\"caption\"><span class=\"wsj-article-credit article__inset__image__caption__credit\" itemprop=\"creator\"><br \/>\n            Getty Images\/iStockphoto<br \/>\n          <\/span><br \/>\n  <\/figcaption><\/figure>\n<\/div>\n<p>       Stock-index futures rose Thursday morning, pointing to a positive start for equities that would build on the previous session\u2019s rebound, which was attributed in part to renewed optimism over prospects for another round of fiscal stimulus.<\/p>\n<p> Weekly data on jobless claims, meanwhile, will provide investors a window into whether the economy is losing steam.<\/p>\n<div class=\"paywall\">\n       <strong>What are major benchmarks doing?<\/strong><\/p>\n<p>Futures on the Dow Jones Industrial Average<br \/>\n        YM00,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210407078\/delayed\" class=\"positive\">+0.53%<\/bg-quote><\/p>\n<p>        DJIA,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210598065\/realtime\" class=\"positive\">+1.91%<\/bg-quote><br \/>\n      rose 155 points, or 0.6%, to 28,334, while S&amp;P 500 futures<br \/>\n        ES00,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/209948968\/delayed\" class=\"positive\">+0.43%<\/bg-quote><br \/>\n       gained 14.45 points, or 0.4%, to trade at 3,421.25. Nasdaq-100 futures<br \/>\n        NQ00,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210219788\/delayed\" class=\"positive\">+0.58%<\/bg-quote><br \/>\n       were up 68.75 points, or 0.6%, at 11,538.75.<\/p>\n<p>The Dow<br \/>\n        DJIA,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210598065\/realtime\" class=\"positive\">+1.91%<\/bg-quote><br \/>\n       on Wednesday finished with a gain of 530.70 points, or 1.9%, at 28,303.46, while the S&amp;P 500<br \/>\n        SPX,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210599714\/realtime\" class=\"positive\">+1.74%<\/bg-quote><br \/>\n       advanced 58.49 points, or 1.7%, to close at 3,419.44. The Nasdaq Composite<br \/>\n        COMP,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210598365\/realtime\" class=\"positive\">+1.88%<\/bg-quote><br \/>\n       rose 210 points, or 1.9%, finishing at 11,364.60.<\/p>\n<p><strong>What\u2019s driving the market?<\/strong><\/p>\n<p>Wednesday\u2019s gains came after President Donald Trump tweeted the previous evening that he was open to piecemeal stimulus measures, including aid for airline workers. That was a change in course from a few hours earlier, when Trump announced he had scr<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ed talks with congressional Democrats over a broad stimulus package until after the election.<\/p>\n<p><strong>See:<\/strong> Mnuchin and Pelosi resume discussions after Trump changes course on fiscal stimulus<\/p>\n<p>\u201cThe overriding expectation by the markets at this point is that some form of stimulus is coming, sooner rather than later, and this is driving a risk-on rally,\u201d said Fiona Cincotta, analyst at City Index, in a note.<\/p>\n<div id=\"cx-membership-tile\"><\/div>\n<p> Others argued that stimulus-related optimism is centered more on the potential for a more sweeping package in January. Also, fears of a contested election, which could leave the outcome of the Nov. 3 contest in doubt for weeks, have faded as polls show Democratic challenger Joe Biden increasing his lead over Trump, analysts said.<\/p>\n<p>While a Biden administration would aim to repeal Trump\u2019s corporate tax cuts and increase regulation across a number of industries, the potential for a drawn-out and divisive post-election fight has been viewed as a worst-case scenario by many investors.<\/p>\n<p>\u201cOur base case is a Biden win and Democrats sweeping Congress. In this scenario, the Democrats pursue a net fiscal stimulus that combines tax hikes with an elaborate spending plan on energy and climate change management,\u201d wrote analysts at Credit Suisse, in a note.<\/p>\n<p>A vice presidential debate Wednesday night was viewed as a much more civil affair than last week\u2019s clash between Trump and Biden, but appeared unlikely to change the election dynamic, analysts said.<\/p>\n<p>Meanwhile, data on weekly jobless claims will be watched for clues to the state of the economic rebound. Analysts surveyed by MarketWatch forecast first-time claims to fall to 820,000 in the week ended Oct. 3 from 837,000 a week earlier.<\/p>\n<p>Which companies are in focus?<\/p>\n<ul class=\"articleList\">\n<li>\n       Shares of <strong>International Business Machines Corp.<\/strong><br \/>\n        IBM,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/203856914\/composite\" class=\"positive\">+1.72%<\/bg-quote><br \/>\n       rose 6% in premarket trade after the <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> company said it would separate its managed infrastructure services unit of its Global Technology Services division into a new public company.<\/p>\n<\/li>\n<li>\n      <strong>Regeneron Pharmaceuticals Inc. <\/strong><br \/>\n        REGN,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/203149337\/composite\" class=\"positive\">+1.72%<\/bg-quote><br \/>\n       shares were up more than 4% premarket after Trump praised an experimental antibody cocktail made by the company which is still in clinical trials. Trump was administered the combination when he was hospitalized for COVID-19.<\/p>\n<\/li>\n<\/ul>\n<p><\/p><\/div>\n<\/div><\/div>\n<p><\/p>\n<div class=\"byline article__byline\">\n<p>      <span>By<\/span><\/p>\n<div class=\"author  hasMenu\" data-scrim='{\"type\":\"author\",\"header\":\"William Watts\",\"subhead\":\"The Wall Street Journal\",\"list\":[]}' itemscope itemprop=\"author\" itemtype=\"http:\/\/schema.org\/Person\">\n<h4 itemprop=\"name\"><span class=\"ez-toc-section\" id=\"William_Watts\"><\/span>William Watts<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/p><\/div>\n<\/div>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener noreferrer\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"http:\/\/www.marketwatch.com\/news\/story.asp?guid=%7B21004575-02D4-D4B5-4572-D6EEA4688768%7D&#038;siteid=rss&#038;rss=1\" target=\"_blank\" rel=\"noopener noreferrer\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Stock futures point higher on optimism over stimulus prospects &#8221; IBM shares surge premarket on plan spin off infrastructure services unit Getty Images\/iStockphoto Stock-index futures rose Thursday morning, pointing to a positive start for equities that would build on the previous session\u2019s rebound, which was attributed in part to renewed optimism over prospects for&#8230;<\/p>\n","protected":false},"author":1,"featured_media":84525,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[],"class_list":["post-84524","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/84524","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=84524"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/84524\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/84525"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=84524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=84524"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=84524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}