S&P, Nasdaq futures extend gains after inflation data

Apple rises after brokerage upgrades to'buy

Materials had the biggest gains at 1.26 per cent as key commodities rose.

A rally in the technology sector is pushing USA stocks to broad gains Monday, led by Apple and chipmakers.

According to the Commerce Department, Retail Sales rose 0.2 percent.

Another big loss in Boeing pulled the Dow Jones Industrial Average lower for the second day running.

Authorities in Ethiopia, China and Indonesia have grounded all Boeing 737 Max 8 aircraft.

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There's also a bit more backstory showing Hawkeye's past, as well as the Avengers brooding over what to do in a post-Thanos world. The latest Marvel Cinematic Universe movie, Captain Marvel , opened in cinemas last week and has been doing very well.


Elsewhere, U.S. -China trade negotiations have continued this week as Chinese Vice Premier Liu He reportedly held a phone call with U.S. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer on Tuesday, according to China's state news agency Xinhua. Another slide in Boeing weighed on the Dow Jones Industrial Average.

The S&P 500 index rose 11 points, or 0.4 per cent, to 2,795.

At 8:33 a.m. ET, Dow e-minis were down 26 points, or 0.1 percent. The Nasdaq Composite Index was up 32.97 points, or 0.44 percent, to 7,591.03, Xinhua reported.

ENERGY: The price of benchmark US crude oil rose 20 cents to $57.07 a barrel.

The aircraft maker's stock sank 10 percent following the second deadly crash involving the newest version of its popular 737. S&P 500 upped its gains by a margin of 1.47 percent, an increase of 2.17 percent in the tech sector.

Former soldier to face prosecution over killings — Bloody Sunday
Nonetheless, he said the relatives were happy for the families of the six victims who will now see a soldier prosecuted. Fourteen civilians were killed when British soldiers fired on a crowd after a civil rights march in the city.


The Dow has been the way most people have tracked Wall Street's ups and downs since it was created in the late 19th century. The April gold contract ended up US$7 at US$1,298.10 an ounce and the May copper contract was up three cents at US$2.93 a pound.

The S&P 500 and Nasdaq eked out gains at open on Monday as February's benign inflation data supported the Federal Reserve's "patient" approach towards further rate hikes, while a second day of losses in Boeing pressured the Dow.

Google's parent company Alphabet added 1.3 per cent in the first few minutes of trading Wednesday. Apple and Facebook both rose 2.5 percent.

After consolidating near the opening, the Dow Jones Industrial Average rebounded on the back of a 3.47 percent gain in Apple shares.

The S&P index recorded 43 new 52-week highs and one new low, while the Nasdaq recorded 50 new highs and 18 new lows.

Facebook Facing Criminal Investigation Into Device Data Share Deals
Those companies were among 150 with sharing deals that allowed them to see user contact information and other data. Federal Trade Commission, the Securities and Exchange Commission and two state agencies in NY .


"With headline CPI inflation edging down to a two-and-a-half-year low of 1.5% in February, from 1.6%, and core inflation dropping to a four-month low of 2.1%, from 2.2%, the Fed would appear to be justified in supporting the real economy by being patient and leaving interest rates on hold for a potentially extended period", Paul Ashworth, chief USA economist for Capital Economics, wrote in a note Tuesday.

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