Finance

Stock futures are flat as S&P 500 remains range-bound near record

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Traders work on the floor of the New York Stock Exchange.

NYSE

Stock futures were flat in overnight trading on Tuesday after Wall Street appeared range-bound near its record levels.

Futures on the Dow Jones Industrial Average were little changed. S&P 500 futures and Nasdaq 100 futures also held steady.

The S&P 500 and the blue-chip Dow both closed near the flatline on Tuesday. The broad equity benchmark is now just 0.3% below its record high of 4,238.04 reached on May 7. Investors await the next reading on inflation to gauge if higher price pressures are just temporary as the economy continues to rebound from the pandemic-induced recession.

“US stocks have largely been stuck in a range since…



Source cnbc.com

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