Stock Market Today: Dow futures retreat from record high following Fed-rate-cut rally
Investors poured $33.8 billion into U.S. stocks in the past week, with funds collecting the third-largest weekly haul since 2022, according to TD Securities. Global equities also saw inflows, snapping two-weeks of outflows,
Stock market today: S&P 500, Dow back away from records as Fed cheer fizzles
The S&P 500 ( ^GSPC) fell roughly 0.2% after the benchmark index ended at an all-time high. The Dow Jones Industrial Average ( ^DJI) traded slightly lower on the heels of notching its own record close. Leading the way lower, contracts on the tech-heavy Nasdaq Composite ( ^IXIC) dropped 0.3%.
Stocks looked set to tick lower on Friday, with S&P 500 and Dow futures pointing to both gauges edging away from the record levels they'd set in the previous trading session.
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Dow Jones Futures: Meta, Apple, Tesla Lead New Buys In Big Rally. Pay Attention To This Key Shift.The Dow Jones and S&P 500 hit new highs and the Nasdaq topped key levels as growth led the day 2 reaction to Fed rate cuts.
The U.S. stock market was declining midday Friday, but all three major benchmarks remained on course for weekly gains after a sharp rally in the wake of the Federal Reserve’s rate cut on Wednesday.
Wall Street hit the brakes on its post-Fed rally to start a triple-witching Friday session. The Dow was down 46 points, or 0.1%, while the S&P 500 was down 0.2%. The Nasdaq Composite slipped 0.1%.
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