U.S. stock futures fell slightly Monday after a strong week, as traders anticipated the Federal Reserve’s interest rate decision and May inflation data.
Dow Jones Industrial Average futures declined 120 points, or approximately 0.3%.
S&P 500 and Nasdaq 100 futures fell by 0.2%. Wall Street is coming off a great week for the main averages, with the S&P 500 reaching a new intraday high on Friday. The broad market index advanced 1.32%.
Meanwhile, the 30-stock Dow rose 0.29%, while the Nasdaq Composite increased 2.38%. Notably, Nvidia’s stock rose 10% last week as anticipation for the artificial intelligence darling propelled the chipmaker above the $3 trillion market value threshold for the first time.
Source (CNBC)
