Tuesday, May 21, 2024
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Futures On Stocks Gain A Little

As Wall Street attempted to recover from a challenging start to August, stock futures slightly increased on Monday.

S&P 500 futures increased by 0.7%. The Dow Jones Industrial Average increased 56 points, or 0.16%, while those for the Nasdaq-100 increased by 0.25%.

The actions are being taken as markets struggle to maintain their surge from the late summer. The S&P 500 and Nasdaq Composite both decreased last week, by 0.3% and 1.9%, respectively. It was the first two-week losing skid for the Nasdaq Composite in 2019.

However, the Dow Jones Industrial Average increased by 0.62%, marking its fourth consecutive week of gains.

Source (CNBC)

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