"Dow's Third Consecutive Losses Lead to Flat Stock Futures: Live Updates"

1 min read
Source: CNBC
"Dow's Third Consecutive Losses Lead to Flat Stock Futures: Live Updates"
Photo: CNBC
TL;DR Summary

U.S. stock futures edged higher after the Dow's third consecutive decline, with concerns over the Federal Reserve's potential rate hikes weighing on investor sentiment. The possibility of a rate cut at the June meeting has decreased, and strong job growth data has fueled fears of prolonged higher rates. The energy sector reached a new record, while gold, Japanese stocks, and U.S. stocks are all showing strong momentum. After-hours trading saw Levi Strauss & Co and Blackberry stocks surge following better-than-expected quarterly results.

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