Stocks Surge as Wall Street Eyes Eighth Consecutive Winning Week

Dow futures rose as Wall Street aimed for its eighth-straight winning week, with futures for the Dow Jones Industrial Average up 0.87%. The bounce-back in futures followed a positive day on Wall Street, where the Dow rose 0.9% and the S&P 500 and Nasdaq Composite rose 1.0% and 1.3%, respectively. The small-cap Russell 2000 continued its positive streak, gaining 1.7% on Thursday. The three major averages are on track for their eighth consecutive positive week, with the S&P 500 and Dow up 0.58% and 0.27% for the week, respectively. Nike's stock fell 11% in extended trading after warning of soft revenue in its fiscal second-quarter earnings report.