Thursday saw a decline in stock futures as the S&P 500 was on track to post its best first-quarter performance in five years.
Futures linked to the Dow Jones Industrial Average fell 14 points, or 0.03%. S&P 500 futures decreased by 0.1%, while Nasdaq 100 futures decreased by nearly 0.2%.
Shares of luxury home furnishings retailer RH surged 8% after the company missed estimates in its most recent quarter and released a bleak outlook for the first quarter.
On Wednesday, stocks rallied broadly, with the S&P 500 closing at a record high and the Dow Jones Industrial Average rising 477.75 points, or 1.22%, for its best day in 2024. Meanwhile, the tech-heavy Nasdaq Composite added 0.51%.
Source (CNBC)
