Dow futures trading remains in positive territory

Dow futures trading remains in positive territory, reflecting investor confidence in robust corporate earnings season. Futures gains may moderate if oil prices push inflation forecasts higher later in the week. Of particular interest will be any commentary that paints a fuller picture of the views offered by newly appointed Fed governor Stephen Miran, who has enthusiastically called for stronger rate cuts than his colleagues at the central bank. The broad market index ended the day up 0.44% at 6,693.75, while the Nasdaq Composite jumped 0.70% to finish at 22,788.98. The Dow Jones Industrial Average climbed 66.27 points, or 0.14%, to settle at 46,381.54. Along with the S&P 500, the Nasdaq and Dow had hit new all-time intraday highs during the session and closed at record highs. Dow futures trading is hovering around 39,640, aided by a rebound in industrial output figures. Analysts see potential alignment with historical Q3 gains, suggesting a tactical long bias.