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Futures for the Dow Jones Industrial Average gained about 70 points, or 0.2%. Contracts tied to the S&P 500 and the Nasdaq Composite ticked up 0.3% and 0.4%, respectively.but were still negative for the week. The Nasdaq Composite slightly outperformed, gaining about 0.4%, and has also been the best performing index this week.
" that his team had taken profits in some high flying tech stocks at the end of August and then were buying more cyclical stocks during the recent drop for the market. The state of the economic recovery has become a hot topic in recent weeks on Wall Street, especially after the death of Supreme Court Justice Ruth Bader Ginsburg led many strategists to downgrade the chances for another relief package before the election. On Thursday, Goldman Sachs cut itsfor gross domestic product growth to 3% on an annualized basis, down from 6%.
you put this shitty headline up 6 mins after futures open?
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Source: CNBC - 🏆 12. / 72 Read more »
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