On Monday, stock futures fell ahead of the final trading sessions of 2024.
It dropped 360 points, or 0.8%, in futures linked to the Dow Jones Industrial Average. The S&P 500 futures fell 1%. 1% was lost by Nasdaq-100 futures.
The S&P 500 and Dow are up almost 25% and 14%, respectively, and are on course for their best year since 2021 as the major averages enter the year-end just short of record highs. 2024 has seen a rise of over 31% for the Nasdaq.
A successful fourth quarter is also in the cards for the benchmarks, as the Nasdaq is poised to record its longest winning streak since 2021.
Source (CNBC)