U.S. Stock Futures Flat as Market Eyes September Close and Shutdown Threat
U.S. stock futures held steady Monday evening as investors balanced hopes for a strong September finish against growing concerns over a potential government shutdown. Nasdaq 100, Dow Jones Industrial Average, and S&P 500 futures edged up marginally, reflecting cautious optimism.
Technology stocks, particularly those tied to artificial intelligence, fueled gains during the regular session. The Nasdaq led with a 0.5% rise, outpacing the S&P 500's 0.3% and Dow's 0.2% advances. All three indices hover NEAR record highs, capping a robust month that saw the Nasdaq surge 5.3%.
Market participants now await September's consumer confidence data and JOLTS report for clues on inflation resilience and labor market strength. These indicators could sway sentiment as quarter-end portfolio adjustments collide with macroeconomic uncertainties.