Stock Market Today: Equities Poised to Extend Record Gains
NEW YORK (TheStreet) -- Stock futures were ticking higher Wednesday after the S&P 500 closed above the 2000-point milestone for the first time on Tuesday.
Dow Jones Industrial Average futures were up 16 points, or 29.30 points above fair value, to 17,113. S&P futures were up 1 point, or 2.13 points above fair value, to 1,999.5. Nasdaq futures were up 2.5 points, or 4.13 points above fair value, to 4,074.8.
The markets continued to take out their old highs Tuesday after the S&P 500 crossed 2,000 on Monday. Confidence remained from reassurances last week by Federal Reserve Chair Janet Yellen and European Central Bank President Mario Draghi that ultra-low interest rates will remain intact. Headlines on mergers and acquisitions also bolstered sentiment.
Companies grabbing the headlines Wednesday include Tiffany
Shares of Orbitz Worldwide
--By Andrea Tse in New York