Stock futures are little changed after Dow, S&P 500 hit record highs: Live updates
Published On Sep 24, 2024, 6:05 PM
Stock futures were stable as the market looks to maintain momentum from recent record highs for the S&P 500 and the Dow. This comes amidst concerns over a slowing economy, especially after recent interest rate cuts by the Federal Reserve. Market analysts, including Lauren Goodwin and Scott Welch, suggest that significant attention will be on upcoming economic data and the impending Q3 earnings season, which could heavily influence market directions in the near term. There is an optimistic sentiment from some market strategists, who predict a potential 'everything rally,' including growth in various sectors such as technology.
Stock Forecasts
QQQ
Positive
Market may continue to rally as economic data is released and central bank policies unfold. Key semiconductor and tech stocks could benefit as earnings season approaches, suggesting a positive trend for the tech sector.
TSLA
Positive
With Tesla having strong recent performance and expect to benefit from new economic stimulus measures in China, it's likely to see continued upward movement as it gets recognition as an AI play.
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