US stocks trading lower hours ahead of Wall Street’s opening bell
U.S. equity futures are trading lower ahead of the Monday trading session on Wall Street.
Stocks in this Article
$35061.55
+238.20 (+0.68%)
$14836.991139
+152.39 (+1.04%)
On Friday, the Dow, S&P 500 and Nasdaq all finished with gains of better than 1% for the week.
They each returned to records after brushing aside the sharp downturn that trimmed 1.6% off the S&P 500 on July 19. But the market rebounded as big companies reported better profits than expected and as investors once again saw any dip in stocks as merely a chance to buy low.
BOSTON BEER’S STOCK FALLS AS HARD SELTZER GROWTH WAS OVERESTIMATED
The S&P 500 index climbed 1% to 4,411.79. The Dow rose 0.7% to 35,061.55 and the Nasdaq composite gained 1% to 14,836.99.
Despite a rebound in new coronavirus cases, the U.S. economy continues to recover at a torrid pace, with