U.S. stock futures fell slightly Monday after a strong week, as traders anticipated the Federal Reserve’s interest rate decision and May inflation data.
Dow Jones Industrial Average futures fell 70 points, or approximately 0.2%. S&P 500 and Nasdaq 100 futures were also down 0.2%. Nvidia stock fell 0.2% when the stock’s 10-1 split took effect.
Following the split, the chipmaker’s stock now trades about $120 per share. Wall Street is coming off a great week for the main averages, with the S&P 500 reaching a new intraday high on Friday.
The broad market index gained 1.32%. Meanwhile, the 30-stock Dow rose 0.29%, while the Nasdaq Composite increased 2.38%.
Source (CNBC)
