Markets hover near flat ahead of Fed minutes and PCE data as tech slip persists

1 min read
Source: CNBC
Markets hover near flat ahead of Fed minutes and PCE data as tech slip persists
Photo: CNBC
TL;DR Summary

Stock futures were near flat after a tepid session for U.S. equities, with Dow futures down about 32 points, S&P 500 futures down 0.07%, and Nasdaq 100 futures down 0.1%. In regular trading, the S&P 500 and Nasdaq rose about 0.1% while the Dow gained roughly 32 points. The tech sector remained under pressure, with CrowdStrike and ServiceNow down 3.6% and 1.1%, respectively. Investors await the Federal Reserve’s January meeting minutes and Friday’s PCE inflation data, with Booking Holdings, Carvana and DoorDash due to report this week. After-hours movers included Palo Alto Networks, Cadence Design Systems, and Caesars Entertainment. Amazon rose 1.2%, snapping a nine-day losing streak as investors weigh AI-spending implications.

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