Stock futures are flat Monday morning after S&P 500 and Dow Jones post weekly losses

The U.S. stock market was seen flat last Monday morning. Dow futures increased by 7 points which reversed their earlier loss. S&P 500 futures were also a little higher than the margin. Nasdaq futures were seen flat.

S&P 500 decreased 0.3% and Dow Jones decreased 1.1% last week. Nasdaq composite increased by 0.4% meanwhile. Even the broad market index fell around the U.S. economy.

“The weak parts of the market remain weak and unable to rally, while the strong parts of the market are extended and vulnerable,” Jonathan Krinsky said.

New York manufacturers’ sentiment toward the economy will be revealed in Monday’s Empire State Index. The Dow Jones economists expect a reading of 1.0, down from 10.8 in the previous report.

Investors are focusing on the results of Turkey’s presidential election on Monday as European markets open mixed.

According to Dow Jones, economists expect a reading of 1.0, which is lower than the previous challenge’s 10.8. The stock futures of the U.S decreased on Sunday night.

Dow Jones Industrial Average traded less than 38 points which is 0.1%. S&P 500 decreased by 0.1% and Nasdaq 100 decreased by 0.16%.

- Published By Team Nation Press News