Tuesday night saw minimal movement in stock futures following the Dow Jones Industrial Average’s highest day since June 2023.
The Dow futures saw a gain of 29 points, or 0.07%. S&P 500 futures were just below the zero line, and Nasdaq 100 futures were down 0.03%.
Following the announcement that its CEO was leaving and that Kenneth Bull would take over as temporary CEO and president, Five Below saw a more than 9% decline in shares during after-hours trading.
Following the release of second-quarter earnings that fell short of expectations due to soft freight conditions that have affected over-the-road truck competitiveness and higher insurance costs, J.B. Hunt Transportation Services saw a 2.8% decline in value. Following a solid session, stocks are now experiencing a shift in investor focus away from technology.
Source (CNBC)
