U.S. stocks were poised to open on a bright note on the final trading day of 2017, wrapping up a year in which major Wall Street indexes recorded their best performance since 2013.
Investors were treated to bumper gains in the year, with strengthening global economy, solid corporate earnings and low interest rates fueling the nine-year old rally in global stocks.
The market has shown surprising strength despite tensions in North Korea and political upheavals in Washington. The S&P 500 has closed below 1 percent only four times this year.
Nasdaq 100 e-minis NQc1 were up 18 points, or 0.28 percent, on volume of 13,512 contracts.
U.S. oil prices hit their highest since mid-2015 as an unexpected fall in American output and a drop in commercial crude inventories stoked buying. [O/R]
Shares of Schlumberger (SLB.N) were up 0.8 percent in premarket trading, while those of Exxon (XOM.N) edged up 0.1 percent.
Investors were treated to bumper gains in the year, with strengthening global economy, solid corporate earnings and low interest rates fueling the nine-year old rally in global stocks.
The market has shown surprising strength despite tensions in North Korea and political upheavals in Washington. The S&P 500 has closed below 1 percent only four times this year.
Nasdaq 100 e-minis NQc1 were up 18 points, or 0.28 percent, on volume of 13,512 contracts.
U.S. oil prices hit their highest since mid-2015 as an unexpected fall in American output and a drop in commercial crude inventories stoked buying. [O/R]
Shares of Schlumberger (SLB.N) were up 0.8 percent in premarket trading, while those of Exxon (XOM.N) edged up 0.1 percent.
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