Volatility picked up this week as investors wrestled with a sharp rise in long-term Treasury yields.
Stock futures ticked higher in overnight trading Thursday as Wall Street looked set to cap off a winning week despite heightened volatility.
Futures tied to the Dow Jones Industrial Average
rose 40 points. S&P 500 futures
gained 0.1% and Nasdaq 100 futures
inched 0.2% higher.
Wall Street is coming off a strong week for the major averages after the Federal Reserve cut interest rates.
The S&P 500 and Dow each jumped more than 1% on the day, marking the former’s biggest one-day gain since May 27.
Thursday marked another winning day for the S&P 500 and Nasdaq, as both indexes posted fresh all-time intraday and closing highs.
The S&P 500 and Nasdaq Composite are coming off of a solid week, having notched fresh records on Friday.
The moves come after the S&P 500 notched its third losing week in a row and closed at its lowest level of the year on Friday.
The three major indexes are coming off positive weeks.
