Stocks in Asia were set to gain at the open on Wednesday after the S&P 500 and Nasdaq Composite closed in record high territory overnight on Wall Street.
div > div.group > p:first-child"> Futures pointed to a higher open for the Nikkei 225 in Japan. The Nikkei futures contract in Chicago was at 22,370, as compared to the benchmark index's last close at 22,259.74.
Overnight on Wall Street, the S&P 500 added 0.9 percent to close at 2,933.68 — besting its previous record close of 2,930.75. The Nasdaq ended its trading day stateside up 1.3 percent at 8,120.82. The Dow Jones Industrial Average, meanwhile, added 145.34 points to close at 26,656.39 and was 1.1 percent from an all-time high.
This is one of the busiest weeks of the corporate earnings season. Once the dust settles, more than 140 S&P 500 companies will have released their calendar first-quarter results. Meanwhile, oil prices touched nearly six month highs on Tuesday as they continued their ascent after U.S. President Donald Trump's administration announced on Monday that it will not extend sanctions waivers to countries that import Iranian oil.
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