Stock Futures Fall on Sunday Night
Futures fell slightly on Sunday night after markets closed at record highs last Friday.
“We do not see the recent increase in yields as a threat to the bull market,” Keith Lerner, chief market strategist at Truist, said in a note. “Given that we are in the early stages of an economic recovery, monetary and fiscal policy remains supportive, the sharp rebound in earnings, and favorable relative valuations, we maintain our overweight to equities.”
- Dow futures were down 47 points, or 0.15 percent
- S&P 500 futures were down 0.20 percent
- Nasdaq futures were down 0.20 percent.