Quentin D. Solano
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Quentin D. Solano in Breaking news,

Dow industrials shape up for record No.9

AFP/Getty Images

U.S. stock futures pointed to a modestly upbeat start for Monday, with investors looking to see if the Dow industrials can try for another record as optimism fueled by strong jobs data lingers.

A couple of Federal Reserve speakers will be among the highlights later.

Dow Jones Industrial Average futures YMU7, +0.14  rose 39 points, or 0.2%, to 22,056, while S&P 500 futures ESU7, +0.09  added 2.9 points, or 0.1%, to 2,475. Nasdaq-100 futures NQU7, +0.10  futures put on 9 points, or 0.2%, to 5,907.

The upbeat set of forecast-beating jobs-growth numbers for July, which drove that Dow record last week, could inspire similar action for Monday, judging by futures, said some.

“I’d say the runoff from last Friday’s jobs report is helping the Dow, because that data was solid,” said Connor Campbell, financial analyst at SpreadEx, in emailed comments.

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