"Nasdaq Leads Stock Market Rally as Dow Falters on Boeing Plunge"

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Source: CNBC
"Nasdaq Leads Stock Market Rally as Dow Falters on Boeing Plunge"
Photo: CNBC
TL;DR Summary

U.S. stock futures edged lower following a strong start to the week, with the S&P 500 and Nasdaq Composite rallying over 1% and 2% respectively, driven by a rebound in mega-cap tech stocks. Fed Governor Michelle Bowman indicated that interest rate hikes are likely done, but she's not yet ready to begin trimming. Investors are awaiting key inflation readings later this week to gain insight into the path forward for rate cuts from the Federal Reserve. Additionally, several companies, including Unity Software and Microchip Technology, made significant moves in after-hours trading.

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