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U.S. stock futures are flat following the Dow’s 290-point loss
Sep 14, 2021 | CNBC
Picture - U.S. stock futures are flat following the Dow’s 290-point loss

U.S. stock futures were flat on Tuesday night after the Dow Jones Industrial Average dropped nearly 300 points on rising investor worries about the state of the economic recovery and the next action by the Federal Reserve.

Dow Jones Industrial Average futures ticked 19 points higher, or 0.06%. S&P 500 and Nasdaq 100 futures climbed 0.09%, respectively.

In regular trading Tuesday, the Dow fell 292.06 points, or 0.8%, to 34,577.57, retreating after it snapped a five-day losing streak on Monday. The S&P 500 lost 0.6% to finish at 4,443.05 and the Nasdaq Composite slipped 0.5% to 15,037.76.

The Dow, S&P and the small-cap Russell 2000 have now traded in the red for six of the last seven days. Tuesday marked the fifth straight day of losses for the Nasdaq. The S&P 500 has continued to move higher throughout the year, dipping below the 50-day moving average only once, according to Fundstrat. Mike Wilson, chief investment officer at Morgan Stanley, said this slump could just be in its beginnings.

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