Business
Stock Futures Rise as Market Chases 9-Week Winning Run
Stocks looked set to rise on the last trading day of May, putting the S&P 500 on course for a ninth straight week of gains.
Futures tracking the S&P 500 climbed 0.1% on Friday. Contracts tied to the tech-heavy Nasdaq 100 also rose 0.1%. Dow Jones Industrial Average futures were up 74 points, or 0.2%. The three major indexes eked out record closing highs on Thursday thanks to a rally in software stocks.
The market has been on a tear since late March, with the Nasdaq about to notch its best two-month stretch since November 2002, according to Dow Jones Market Data. The S&P 500 is headed for its best two-month spell since May 2020.
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