December E-mini Dow Jones Index futures hit a new all-time high last week and also posted a record close. The rally was generally supported by the low-interest rate environment although the Fed meeting did reveal a hawkish central bank.
The S&P 500 and Dow Jones industrial average closed at record highs and bank stocks surged after the Federal Reserve indicated another rate hike this year was possible and that it would begin the unwinding of its balance sheet next month.
December E-mini Dow Jones Industrial Average futures are trading slightly lower shortly before the cash market opening. The market produced a powerful outside move chart pattern on Wednesday before closing higher.