A trader works on the trading floor at the New York Stock Exchange in New York, August 5, 2021.Stock futures were flat in overnight trading Sunday after the Dow Jones Industrial Average notched a record close Friday following a stronger-than-expected jobs report.
The moves in futures trading came after the Dow rose 144.26 points, or 0.4%, to close at an all-time high of 35,208.51. The S&P 500 rose 0.17% to reach its own record close of 4,436.52. The Nasdaq Composite bucked the trend, dipping 0.4% to 14,835.76. All three major indexes ended the week higher and saw their second positive week in three.Friday showed the U.S. economy added 943,000 jobs in July. Economists expected 845,000 new jobs last month, according to Dow Jones estimates.
The signs of a strong economic recovery could prompt the Federal Reserve to pull back its monetary support measures and"If it does continue to this magnitude, that probably does bring the Fed a little sooner into the game when it comes to tapering," Adam said.
AMC Future flat for Short Sellouts as we head into upcoming week AMCtothemoon 🚀🦍
😂
good luck
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