Stocks look to add to all-time highs in five top benchmarks

|By:, SA News Editor

Stock futures point to a slightly higher open, extending recent runs that have pushed the DJIA, S&P 500, Nasdaq, Russell 2000 and Dow Transports to record highs - the first time since March 1998 that all five benchmarks scored a record close; S&P +0.1%, Dow +0.2%, Nasdaq +0.3%.

Major European indexes trade higher, with France's CAC +0.5%, and U.K.'s FTSE and Germany's DAX both +0.1%; in Asia, Japan's Nikkei +1.2% to wrap up a strong week, and China's Shanghai Composite closed +0.5%.

The euro continues yesterday's retreat, surrendering 0.5% vs. the dollar, which has lifted the Dollar Index near its YTD high.

In corporate news, Broadcom +6.8% pre-market after beating Q4 estimates, guiding Q1 revenues above consensus and doubling its quarterly dividend.

U.S. crude oil +1% at $51.35/bbl on optimism over non-OPEC production cuts.

Still ahead: consumer sentiment, wholesale trade

Subscribe for full text news in your inbox