Stock futures opened flat in overnight trading after the market’s comeback rally hit a speedbump on Wednesday.
Stock futures opened flat in overnight trading after the market’s comeback rally hit a speedbump on Wednesday. Futures on the Dow Jones Industrial Average added 38 points, or 0.11%. S&P 500 futures ticked 0.09% higher and Nasdaq 100 futures edged up 0.12%. The S&P 500 snapped a two-day winning streak Wednesday, closing the regular session 0.1% lower. The Dow also shed 71.34 points, or 0.2%. Meanwhile, the Nasdaq Composite gained 0.1% to squeeze out another record closing high. Eight out of 11 S&P 500 sectors closed in the red, led by utilities, which dropped 1.1%. However, energy names like Exxon Mobil, Occidental Petroleum and Devon Energy rose as oil prices continued to climb.
