The three benchmark U.S. indexes closed lower on Monday, pressured by losses in key artificial intelligence names.
Stock futures traded near the flatline Monday night as traders anticipated the release of November’s jobs report.
Futures tied to the Dow Jones Industrial Average
lost 21 points, or 0.04%. S&P 500 futures
slipped 0.1%, while Nasdaq 100 futures
dropped nearly 0.2%.
The three major indexes are coming off a losing session.
The S&P 500 and the Dow Industrials each booked a third consecutive losing session on Tuesday.
Although the Nasdaq and S&P 500 closed higher Monday, more than 300 stocks in the broad-market index closed in the red, adding to…
The moves followed a choppy week in which valuation fears, a rotation within the market and a recalibration of Fed rate cut…
Expectations of a December rate cut remains tepid, adding pressure to the market.
The Nasdaq Composite on Monday had its best day since May, with a roughly 2.3% gain, as investors bought the dip in AI names…
