Stock futures slip as Nasdaq's winning streak fades

1 min read
Source: CNBC
Stock futures slip as Nasdaq's winning streak fades
Photo: CNBC
TL;DR Summary

Stock futures opened lower as the recent rally on Wall Street appeared to be pausing, with S&P 500 futures and Nasdaq 100 futures ticking down 0.2% and Dow Jones Industrial Average futures dropping 0.2%. The tech-heavy Nasdaq Composite registered its seventh-straight positive session, while the S&P 500 and Dow were higher for the sixth-straight session. Investors are assessing whether the rally from last week is sustainable, following a weak October. Minneapolis Federal Reserve President Neel Kashkari suggested the possibility of further rate hikes, and WeWork filed for Chapter 11 bankruptcy protection. China reported a drop in exports but a surprising rise in imports for October.

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