Wall Street Reacts to Durant Injury

Stocks will try to snap out of their recent slump

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Opening View
 
 

6/13/2019

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Dow Futures Rise After Two-Day Skid

By Josh Selway

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Futures on the Dow Jones Industrial Average (DJI) are trading above fair value, as stocks try to snap a two-day losing streak. Oil prices are also rebounding, with July crude futures last seen 4.1% higher at $53.21 per barrel, due to reports of tanker attacks in the Gulf of Oman. Traders will be monitoring this morning's jobless claims update, too, after the number of Americans filing for unemployment unexpectedly rose last week. Still, the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are pacing for positive opens, as well.

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