Stock futures were flat in overnight trading Sunday as the market is set to enter the last week of June and 2024's first half near record highs.
The S&P 500 scored an intraday record of 5,505.53 on Thursday and posted another winning week. The equity benchmark gained 0.6% last week, notching its eighth positive week in nine. However, signs of exhaustion have started to emerge recently particularly with market heavyweightThe red-hot chipmaker fell 4% last week after two consecutive declines of more than 3%. The pullback occurred after Nvidia briefly dethroned Microsoft as the most valuable company in the U.S.
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