DailyHum Logo
Stock futures inch lower in overnight trading after Dow retakes record high
Oct 20, 2021 | CNBC
Picture - Stock futures inch lower in overnight trading after Dow retakes record high

Stock futures dipped slightly in overnight trading on Wednesday after the blue-chip Dow Jones Industrial Average retook its record high amid solid corporate earnings.

Dow futures fell 35 points. S&P 500 futures and Nasdaq 100 futures both traded 0.1% lower.

The 30-stock average jumped about 150 points to hit an intraday record Wednesday, surpassing its peak from mid-August. The S&P 500 climbed 0.4% for its sixth straight positive day, sitting just 0.2% below its all-time high. The tech-heavy Nasdaq Composite closed Wednesday's session slightly lower, however.

"The Dow traded to a new all-time high today, again showing the resilience of dip buyers and the importance of cyclical companies in the stock market rally," said Chris Zaccarelli, CIO at Independent Advisor Alliance.

22 hours ago | Yahoo Finance
Okta CEO on third quarter earnings
Sponsored
Making the holidays meaningful
Dec 04, 2021 | A Luxury Travel Blog
Travel
The 5 best family resorts in the Maldives
19 hours ago | A Luxury Travel Blog
Travel