U.S. stock futures didn’t show much movement Monday evening, holding steady after the Dow Jones Industrial Average reached a new all-time high. Dow futures fell slightly by 38 points, around 0.1%. Similarly, S&P 500 and Nasdaq 100 futures dipped by the same margin.
Investors are coming off two straight days of gains. The Dow edged up 0.04%, marking fresh highs at both intraday and closing levels. The S&P 500 gained roughly 0.5%, while the Nasdaq Composite rose by 0.9%.
Tech stocks led the charge, bouncing back after a tough stretch last week, when worries about software and major tech companies weighed on the market. Optimism lingers as the S&P 500 holds above its key moving averages. Many asset classes are outperforming the index, which traders see as a positive sign.
Sonali Basak, chief investment strategist at iCapital, shared insights on CNBC, suggesting that traders should expect volatility. “It won’t be a smooth ride. You need to be selective, but there are chances for gains,” she noted.
With corporate earnings season in full swing, Coca-Cola is set to report its results before Tuesday’s market opens. Hasbro and Spotify will also share their numbers this week.
Investors are eyeing the retail sales report scheduled for Tuesday and a significant jobs report set for Wednesday. Additionally, Friday will bring the consumer price index, which could impact market sentiment.
As of now, it feels like a mixed but cautiously optimistic outlook for the markets.
Source link
Breaking News: Markets,Stock markets,Markets,United States,Dow Jones Fut (Sep'25),S&P 500 Fut (Sep'25),NASDAQ 100 Fut (Sep'25),Dow Jones Industrial Average,S&P 500 Index,NASDAQ Composite,business news
