U.S. Stock Futures Dip Slightly After Dow Hits Record High
U.S. stock futures edged lower Wednesday evening following a record close for the Dow Jones Industrial Average. Contracts on the Nasdaq 100 fell 0.3%, while Dow and S&P 500 futures declined 0.07% and 0.25% respectively by 6:18 p.m. EST.
The benchmark Dow crossed 48,000 for the first time during Wednesday's session, climbing 0.7% amid Optimism about avoiding a government shutdown. The S&P 500 eked out a 0.1% gain as the Nasdaq Composite slipped 0.3%.
Market participants await earnings reports from Disney, Applied Materials, JD.com and Virgin Galactic due Thursday. The mixed performance reflects ongoing sector rotation as investors balance growth prospects against macroeconomic uncertainties.