Futures extend gains after strong retail sales data

Futures extend gains after strong retail sales data

FILE PHOTO: A screen shows the numbers after the closing bell at the New York Stock Exchange (NYSE) in New York, U.S., August 14, 2019. REUTERS/Eduardo Munoz

(Reuters) – U.S. stock index futures extended gains in volatile trading on Thursday, after data showed retail sales surged in July, which could help ease worries of a recession.

At 8:33 a.m. ET, Dow e-minis 1YMcv1 were up 136 points, or 0.53%. S&P 500 e-minis EScv1 were up 15 points, or 0.53% and Nasdaq 100 e-minis NQcv1 were up 38 points, or 0.51%.

Moments before the data, Dow e-minis 1YMcv1 were up 90 points, or 0.35%. S&P 500 e-minis EScv1 were up 9.75 points, or 0.34%, and Nasdaq 100 e-minis NQcv1 were up 18.25 points, or 0.24%.

Reporting by Medha Singh in Bengaluru; Editing by Sriraj Kalluvila

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