Wednesday sees a slight stagnation in stock futures following a troubling session for the Nasdaq Composite on Tuesday, marking its poorest performance since October.
Futures linked to the Dow Jones Industrial Average experienced a modest decline of 23 points, equivalent to 0.06%. Similarly, S&P 500 futures and Nasdaq-100 futures also saw declines of 0.06% and 0.05% respectively.
In post-market trading, Bloomin’ Brands, the parent company of Outback Steakhouse, witnessed a significant surge of over 5% after appointing two new members to its board. This move aligns with the agreement reached between Bloomin’ Brands and activist investor Starboard Value.
Source (CNBC)
