U.S. stock futures rebounded Tuesday after several difficult sessions as end of first half looms.
How are stock-index futures trading On Monday, the Dow Jones Industrial Average DJIA fell 13 points, or 0.04%, to 33715, the S&P 500 SPX declined 20 points, or 0.45%, to 4329, and the Nasdaq Composite COMP dropped 157 points, or 1.16%, to 13336.How are stock-index futures trading On Monday, the Dow Jones Industrial Average DJIA fell 13 points, or 0.04%, to 33715, the S&P 500 SPX declined 20 points, or 0.45%, to 4329, and the Nasdaq Composite COMP dropped 157 points, or 1.16%, to 13336.
“Indeed, the Nasdaq bore the brunt of this switch [Monday] as investors chose to take some profit after a strong run which has seen the tech index rebound strongly after a torrid [bad] 2022,” Hunter added. “Financial markets kicked off the week on a weak note, but not because of the Wagner’s mini, failed, or fake coup over the weekend, but because of the diminishing rate cut bets for the Federal Reserve for this year – and the beginning of next year,” said Ipek Ozkardeskaya, senior analyst at Swissquote Bank.
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