Dow futures are little changed after index breaks four-day winning run: Live updates
Published On Sep 25, 2024, 6:03 PM
The stock market showed mixed results with futures for the Dow Jones Industrial Average slightly down after a four-day gain. The S&P 500 and Dow both ended lower, while the Nasdaq Composite saw a slight increase, buoyed by Micron Technology's strong quarterly guidance and results. Analysts predict ongoing volatility due to market repositioning ahead of the upcoming presidential election, and investors are cautious about committing funds until after the election. Upcoming economic reports on job claims and GDP could influence market direction, as will comments from Federal Reserve officials.
Stock Forecasts
MU
Positive
Investors might look to Micron Technology as a strong investment opportunity due to its recent positive performance and guidance. The company is benefiting from positive sentiment in the semiconductor industry.
SPY
Negative
With the uncertainty of the upcoming presidential election impacting market sentiment, a cautious approach for broader market investments is suggested. The overall market may experience volatility and potential declines as investors weigh political outcomes.
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