The three major U.S. indexes closed Thursday’s regular trading session lower with the S&P 500 and the Nasdaq Composite snapping five-day win streaks.
Stock futures are flat in overnight trading Thursday ahead of the Federal Reserve’s annual Jackson Hole symposium with investors looking for more details into the central bank’s plans to taper monetary stimulus. Futures on the Dow Jones Industrial Average gained 19 points, or 0.05%. S&P 500 futures ticked up 0.04% and Nasdaq 100 futures added 0.06%. Shares of Gap gained in extended trading after the apparel retailer’s quarterly earnings report beat on top and bottom lines, while Peloton shares fell after the exercise equipment company’s fourth-quarter financial results missed Wall Street estimates.
