From Google: 2024-08-16 09:40:00

Stock futures are slipping after construction spending for December fell short of expectations. Futures tied to the Dow Jones Industrial Average are down 0.5%, while S&P 500 futures have dropped 0.4%. Nasdaq Composite futures are also down 0.5%. This decline comes after U.S. stocks closed higher on Friday, with the Dow rising 0.4% and the S&P 500 gaining 0.4%. Investors will now be closely watching the release of the ISM Manufacturing Index for February, which is expected to provide further insight into the state of the economy.



Read more at Google: Stock Futures Falling After Disappointing Construction Data – Barron’s