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US blue-chips set for gains at the start of a new week; oil prices hit their highest levels in nearly three years

US blue-chips set for gains at the start of a new week; oil prices hit their highest levels in nearly three years

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US blue-chips looked set for gains at the start of a new week as oil prices hit their highest levels in nearly three years, as fears about Chinese property giant Evergrande Group’s debt problems waned. Futures for the blue-chip Dow Jones Industrial Average were up 0.3%, while those for the broader S&P 500 index added 0.1%, although Nasdaq-100 futures fell 0.2%.

...read full article on Proactive Investors

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