By Oliver Gray
Investing.com - U.S. futures held at record highs in early APAC deals on Thursday, with the Dow and S&P 500 both posting record high closes as slowing CPI data eased investors’ fears of runaway inflation and boosted risk appetite.
During the regular session on Wednesday, the Dow gained 220.28 points or 0.62% to 35484.96 to new records highs, while the S&P 500 also closed at an all-time peak, adding 4.4 points or 0.1% to an all-time high of 4436.74. Meantime, the Nasdaq Composite fell 22.95 points or 0.16% to 14765.14.
Among stocks, eBay (NASDAQ:EBAY) lost 0.87% in after-hours trade following disappointing Q2 results, while Rackspace Technology Inc (NASDAQ:RXT) also plunged 7.38% in extended deals after reporting earnings, as Q3 forecasts came in below market expectations.
On the bond markets, the US 10-year Treasury yield was at 1.344%.
Investors are also closely monitoring weekly initial jobless claims data due to be released later in the session for further clues on the pace of the U.S. economic recovery.