It was better to get money selling the territory to a neutral country than getting it stolen by an enemy. Purchase of Alaska, 1867. Russia offered to sell Alaska to the United States in 1859, believing the United States would off-set the designs of Russiaâs greatest rival in the Pacific, Great Britain.
The value of the Dow futures is often quoted before the stock market opens as an indicator of how the market will react during the trading day. Trading Dow futures is one way traders attempt to profit from the value changes of the Dow Jones Industrial Average. Even investors who don't trade futures can use the Dow futures as a forecasting tool.
In the futures market, fair value is the equilibrium price for a futures contract. This is equal to the spot price after taking into account compounded interest (and dividends lost because the investor owns the futures contract rather than the physical stocks) over a certain period of time.