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Stock futures rise slightly after Dow, S&P 500 snap four-day win streaks

05 April 2023 10:05 (UTC +04:00)

U.S. stock futures ticked higher on Tuesday night, APA-Economics reports citing CNBC.

Dow Jones Industrial Average futures rose by 47 points, or 0.14%. S&P 500 and Nasdaq 100 futures climbed 0.13% and 0.16%, respectively.

Johnson & Johnson shares rose nearly 3% in extended trading after the pharmaceutical company said Tuesday it would pay $8.9 billion over the next 25 years. The payments will settle allegations that the firm’s baby powder and other talc products caused cancer.

During the regular session on Tuesday, the Dow shed nearly 200 points, snapping a four-day win streak as broader economic concerns weighed on equities. The S&P 500 fell by 0.58%, also snapping a string of four consecutive winning sessions. The Nasdaq Composite dropped by 0.52%.