U.S. stock futures hovered around the flatline on Monday evening as investors cautiously assessed the risks in a market at all-time highs. Futures on the Nasdaq 100 (NDX) and the S&P 500 Index (SPX) were down 0.01% and 0.02% respectively, while those on the Dow Jones Industrial Average (DJIA) were up 0.01% at 11:46 p.m. EDT on September 22.
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This comes after the three major indices all closed at record highs on Monday, with the S&P 500 marking its third consecutive winning session. Gains were fueled by a late-session rally after Nvidia (NVDA) stock surged nearly 4% on plans to invest $100 billion in OpenAI to build out new data centers.
Overall, the Nasdaq Composite and the S&P 500 ended up 0.7% and 0.4%, respectively, while the Dow Jones was 0.1% higher.
Investors are also looking ahead to several key events that could impact the market. The latest reading of the personal consumption expenditures (PCE) price index, the Fed’s preferred measure of inflation, is set to be released this Friday.
Tomorrow, S&P Global U.S. flash services and manufacturing purchasing managers’ index (PMI) reports will be made public.
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