The 30-stock Dow closed at a record high on Monday, breaking with the S&P 500 and Nasdaq Composite, which were both lower.
Stock futures ticked down Monday after a slide in technology stocks pressured the S&P 500 and Nasdaq Composite, while the Dow Jones Industrial Average closed at a record high.On Monday, the Dow broke with the broader market and reached a new intraday high before pulling back. Still, the 30-stock index held on to enough of its gains to cement a fresh record close.
"It's going to take time for the cuts to go all over the economy...the market is doing some of the heavy lifting for the Fed, but there's a lot of question marks," Allianz chief economic advisor Mohamed El-Erian told CNBC's"Stocks futures were lower on Monday after the Dow Jones Industrial Average closed at a fresh record-high.
Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weekly Futures tied to the 30-stock Dow edged down 24 points, or 0.06%. S&P 500 futures slipped 0.08%, while Nasdaq 100 futures fell 0.1%.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock futures edge lower after Dow's record close: Live updatesThe 30-stock Dow closed at a record high on Monday, breaking with the S&P 500 and Nasdaq Composite, which were both lower.
Read more »
Stock Market Today:Dow in record close as cyclical stocks shine amid tech rotationStock Market Today:Dow in record close as cyclical stocks shine amid tech rotation
Read more »
Nike stock gains ahead of Dow on Pershing Square positionNike (NKE) is gaining on Friday as the general market drifts sideways.
Read more »
Stock Market Today: Dow ends above 40,000 as inflation continues to coolStock Market Today: Dow ends above 40,000 as inflation continues to cool
Read more »
Stock markets record worst day since 2022 as Dow loses 1,000 pointsThe S&P 500 was down by 3.1% in late trading and on track for its worst drop since 2022. The Dow Jones Industrial Average was reeling by 1,009 points, or 2.5%, ...
Read more »
Stock Market today: Dow in 1033-point rout as slowdown fears trigger selloffStock Market today: Dow in 1033-point rout as slowdown fears trigger selloff
Read more »