As 2024’s second half got underway on Monday, stock futures increased.
Futures for the S&P 500 increased by 0.2%, while those linked to the Dow Jones Industrial Average rose 96 points, or 0.2%.
Potentially increased trading was seen in Nasdaq-100 futures. Although the first half of the trading year saw a solid conclusion, Wall Street is coming off a negative session for the main averages.
The S&P 500 returned 14.5%, while the Nasdaq Composite gained 18.1%, driven by the ongoing optimism surrounding artificial intelligence and firms like Nvidia.
A retreat in the second quarter caused the Dow Jones Industrial Average, which added 3.8%, to underperform.
Over the quarter, the Dow had a 1.7% decline, while the S&P and Nasdaq climbed 3.9% and 8.3% respective. For the third straight quarter, the Nasdaq experienced growth for the first time since a run of five quarters that concluded in 2021.
Source (CNBC)
