In an effort to sustain the recent surge in stocks, U.S. stock futures saw a modest decline on Monday after the tech-heavy Nasdaq Composite broke its record by posting a new high on Friday.
S&P 500 futures and Nasdaq-100 futures both saw a 0.1% decrease in trading. Futures linked to the Dow Jones Industrial Average, which has 30 stocks, decreased by 81 points, or 0.2%.
Driven by excitement surrounding artificial intelligence, stocks have been surging higher. The Nasdaq, which is the final major stock index to conclude at a record this year, reached an all-time high on Friday. While the Dow closed the week lower, the S&P 500 and the Nasdaq had their seventh weekly gain in eight sessions.
Source (CNBC)