Wall Street set to open higher as oil prices increase

Market Reports | Markets 3/21/2017, 11:59 AM
Wall Street set to open higher as oil prices increase

United States stock index futures pointed to a higher open on Tuesday as investors awaited earnings from companies including FedEx and Nike which are scheduled to report after the bell. Meanwhile, oil traded with gains on expectations of continued output cuts from OPEC and non-OPEC producers.

The Dow Jones is expected to edge up 0.07%, the Nasdaq 100 is seen 0.20% in the green and the S&P 500 is seen increasing 0.21%.

Brent crude for May delivery rose 0.77% to go for $52.03 per barrel and WTI for May climbed 0.80% to sell for $49.29 per barrel at 11:45 am CET.

TeleTrader Newsroom / NP

Share:

US Tech 100 I...+0.07%

6,124.12
Chart for: US Tech 100 Index

US Wall Stree...+0.07%

23,034.00
Chart for: US Wall Street 30 index

Brent Crude (...+0.19%

58.2200
Chart for: F BRN 12/17

F WBS+0.17%

52.0500
Chart for: F WBS 11/17