Stock market today: S&P 500, Dow back away from records as Fed cheer fizzles
The S&P 500 ( ^GSPC) fell roughly 0.2% after the benchmark index ended at an all-time high. The Dow Jones Industrial Average ( ^DJI) traded slightly lower on the heels of notching its own record close. Leading the way lower, contracts on the tech-heavy Nasdaq Composite ( ^IXIC) dropped 0.3%.
Stock Market Today: Dow futures retreat from record high following Fed-rate-cut rally
Oil futures fell Friday but were on track for strong weekly gains, lifted by the combination of a large Federal Reserve rate cut and renewed Middle East tensions after a stunning series of communication-device explosions targeting operatives of Iran-backed Hezbollah in Lebanon.
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Dow Jones Futures: Meta, Apple, Tesla Lead New Buys In Big Rally. Pay Attention To This Key Shift.The Dow Jones and S&P 500 hit new highs and the Nasdaq topped key levels as growth led the day 2 reaction to Fed rate cuts.
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Stocks looked set to tick lower on Friday, with S&P 500 and Dow futures pointing to both gauges edging away from the record levels they'd set in the previous trading session.
Follow along for live updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
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Sources: FactSet, Dow Jones Stock Movers ... Sources: FactSet, Tullett Prebon Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements.
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