Stock futures are down slightly as investors prepare for Fed meeting
Stock futures went lesser on Monday night as the investors prepared for the Fed Reserve’s Policy to kick off.
Futures tied to Dow Jones Industrial Average decreased 44 points which is 0.1%.
S&P 500 futures and Nasdaq-100 futures both decreased 0.1%.
The moves follow modest decreases in the regular trading session. The Dow and Nasdaq Composite both decreased 0.1%. S&P 500 decreased a little bit below the line.
The focus of investors was on the bank sector following the announcement that JP morgan chase has won the Weekend auction.
“Markets just sit around and wait until the Fed meeting begins, and then the positioning starts,” Cox said.
Shares of the tech company Chegg increased more than 36%. Arista networks company decreased by 7%. Stocks of Stryker the medical tech company decreased more than 4%. MGM Resorts stocks decreased 0.2%.
The extended trading kicked off and the stock futures were lower. Futures tied to Dow decreased 0.1%, while S&P 500 and Nasdaq 100 decreased 0.2%.
- Published By Team Nation Press News
