Investing.com – U.S. futures rose on Friday, pointing to another record day on Wall Street as the U.S. and Mexico closed in on a trade deal.
The rose 6 points, or 0.23%, to 2,883.50 as of 6:51 AM ET (10:51 GMT) while were up 76 points, or 0.29%, to 25,868.0. Meanwhile tech heavy increased 26 points, or 0.35%,to 7,521.75.
U.S. and Mexican trade negotiators are “hours” away from reaching a North American Free Trade Agreement (NAFTA) agreement, Mexican Economy Minister Ildefonso Guajardo told reporters. Talks are expected to resume at 9:00 AM ET (13:00 GMT) in Washington.
On Saturday morning, U.S. President Donald Trump tweeted that “ A big Trade Agreement with Mexico could be happening soon!”
U.S., Mexico and Canada are working to reach a new NAFTA agreement by the end of August.
Netflix (NASDAQ:) was among the top gainers in premarket trading, surging 1.72% while semiconductor Micron Technology Inc (NASDAQ:) rose 1.72% and medical marijuana company Canopy Growth Corp (TO:) rose 4.18%.
Elsewhere Tesla (NASDAQ:) dipped 4.59% after CEO Elon Musk said the company would remain public. Meanwhile Johnson & Johnson (NYSE:) fell 0.56% after news that it would have to compensate patients in India for faulty hip implant surgeries.
In Europe stocks were up. Germany’s rose 73 points or 0.59% while in France the increased 25 points or 0.47%. Meanwhile the pan-European gained 10 points or 0.31% while Spain’s was up 25 points or 0.27%. In London the was closed for a bank holiday.
In commodities, fell 0.30% to $1,209.60 a troy ounce while futures dipped 0.39% to $68.45 a barrel. The which measures the greenback against a basket of six major currencies, inched up 0.08% to 95.16.
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