Following another good day, stock futures modestly declined on Wednesday, completing the latest phase of a rally that began at the close of the month as investors sought to offset August’s losses.
The Dow Jones Industrial Average futures contract dropped 11 points, or 0.03%. Futures for the S&P 500 and Nasdaq 100 fell 0.2% and 0.3%, respectively.
The changes came as Wall Street experienced its third straight profitable session, as investors gained some ground at the conclusion of the month. In the session, the heavily tech-focused Nasdaq Composite rose 1.7%. The S&P 500 experienced a 1.5% increase, which was its best result since June. The Dow increased by almost 0.9%.
Source (CNBC)
