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U.S. stock futures were higher on Tuesday after the Dow Jones Industrial Average rose to a fresh record close, with Wall Street set to close out a strong first half and second quarter.
Futures for the Dow Jones Industrials gave up 28 points to 52,544.
Futures for the S&P 500 index inched higher 1.75 points to 7,502.
Futures for the NASDAQ Composite picked up 35.75 points to 29,088.50.
The Dow has climbed 8.6% in the first six months of the year, putting it on pace for its best first-half performance since 2021, when it jumped 12.7%.
The S&P 500 is also up more than 8% in the first half, while the NASDAQ has outperformed with an 11.1% advance.
The S&P 500 and NASDAQ have risen about 14% and 19.6%, respectively, for Q2, on pace for their biggest quarterly gain since the second quarter of 2020. The Dow has gained 12.6% in that time, headed for its strongest quarter since Q4 2022.
Merck shares lost 0.6%, while AbbVie slid 0.5%, after Reuters reported that a U.S. House committee began a probe into whether the drugmakers were involved in trials that took place in China that aided the country’s military capabilities.
In Japan, the Nikkei 225 perked 0.9% Tuesday, while in Hong Kong, the Hang Seng retreated 0.6%.
Oil prices rallied 46 cents to 71.21 cents U.S. a barrel.
Gold prices gained $2.70 to $4,041.60 U.S an ounce.
