Daily Comment

S&P 500 futures rose slightly on Tuesday as the S&P 500 and Nasdaq Composite looked to build on their record-setting performances from the previous session.

Stock futures were flat Monday as investors await key inflation data for further clues on the longevity of this year’s market rally. Earnings from some major financial giants and consumer companies are also on the docket.

S&P 500 futures were little changed as investors readied for Friday’s closely watched jobs report. Futures connected to the broad index were basically unchanged, while Nasdaq 100 futures were higher by 0.2%. Futures tied to the Dow Jones Industrial Average lost 2 points.

European stocks were higher for a second straight session Thursday, regaining some momentum as the U.K.’s general election draws focus in the region.

S&P 500 futures edged lower Wednesday on the back of cool labor data as traders geared up for a shortened session. Futures tied to the S&P 500 and Nasdaq 100 ticked lower by 0.1% and 0.2%, respectively. The Dow Jones Industrial Average futures slipped just 11 points.

U.S. stock futures fell Tuesday, putting the major averages on track to give back the gains seen in the previous session. Dow Jones Industrial Average futures slipped 106 points, or almost 0.3%. S&P 500 futures slipped 0.35%, and Nasdaq 100 futures dipped 0.4%.

Stock futures rose Monday as the second half of 2024 began. Futures tied to the Dow Jones Industrial Average added 43 points, or 0.1%, while S&P 500 futures gained 0.2%. Nasdaq-100 futures traded marginally higher.

S&P 500 futures climbed Friday as traders await closely followed inflation data. They are also counting down to the end of what has been a strong first half of the year.

Stock futures inched lower Thursday after a slate of mixed quarterly results dampened investor sentiment. S&P 500 futures and Nasdaq 100 futures dipped 0.1% each. Dow Jones Industrial Average futures lost 65 points, or 0.2%.

Stocks were set to struggle again on Wednesday as investors evaluate their holdings following a booming first half of the year led by AI plays. The S&P 500 was on track for its fourth losing day in the last five as it closes out a six-month gain of nearly 15%.

Stock futures were mixed Tuesday after a sell-off in favored technology names led the Nasdaq Composite to its worst day since April. Nasdaq-100 futures climbed 0.4%, while S&P 500 futures gained 0.2%. Futures tied to the Dow Jones Industrial Average fell 70 points, or 0.2%.

Dow Jones Industrial Average futures inched higher on Monday as the market is set to enter the last week of June and the first half of 2024 near record highs. Futures tied to the Dow climbed 84 points, or 0.2%. S&P 500 futures were flat, while Nasdaq 100 futures fell 0.2%.