🧵 1/3: Stock futures remain steady following down week for major averages as traders prepare for inflation data and big bank earnings. Dow futures down 0.1%, S&P 500 futures up 0.02%, Nasdaq 100 futures up 0.05%. #finance
🧵 1/3: Stock futures remain steady following down week for major averages as traders prepare for inflation data and big bank earnings. Dow futures down 0.1%, S&P 500 futures up 0.02%, Nasdaq 100 futures up 0.05%. #finance
🧵 2/3: Tech stocks, including Apple, underperformed, causing Wall Street's first losing week in 10. Dow dropped 1.5%, S&P 500 slid 0.6%, and Nasdaq Composite fell 3.25%. Consolidation or correction expected after year-end rally.
🧵 3/3: This week will provide clarity on rate cuts as Fed meeting minutes and inflation data are released. Big banks' earnings to start the season. Stock futures open unchanged: Dow down 0.1%, S&P 500 up 0.02%, Nasdaq 100 up 0.05%.
🧵 Read more at: https://www.cnbc.com/2024/01/07/stock-market-today-live-updates.html