Stock futures are relatively unchanged Wednesday night after a continued market rotation powered the Dow Jones Industrial Average
to fresh highs.
Futures tied to the Dow Jones Industrial Average added 17 points, or 0.04%, while both the S&P futures and Nasdaq 100 futures were slightly below the flatline.
Wednesday’s trading session again saw a divergence between technology stocks and other pockets of the market as value-oriented sectors such as health care outperformed. The rotation has been a relief for some investors looking for a broadening out of the market, but it could also signal growing caution away from risk-on assets.
The Dow on Wednesday hit its first record close above 48,000, putting the 30-stock index on pace for its best weekly performance since late June. The S&P 500
