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 Stock futures are little changed on Sunday night after a record week for the S&P 500: Live updates
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U.S. stock futures are flat on Sunday night after a record-setting week for the S&P 500. The S&P 500 closed above the 5,000 level for the first time, while the Nasdaq Composite added 1.25%. The Dow Jones Industrial Average slid 0.14%. All three major indexes are coming off their fifth straight week of gains. In the week ahead, 61 names in the S&P 500 are set to report earnings, including gig economy stocks and Kraft Heinz. Traders will also watch for the release of the consumer price index (CPI) and producer price index (PPI) data. Jay Hatfield of Infrastructure Capital Advisors believes the S&P 500 could end the year at 5,500, corresponding to a potential 9% rise. In the near term, he expects the market to stall around 5,000 or 5,100 until there is greater clarity on rate cuts by the Federal Reserve and the European Central Bank (ECB).

#StockMarket #S&p500 #NasdaqComposite #DowJonesIndustrialAverage #Earnings #GigEconomy #Cpi #Ppi #RateCuts

https://www.cnbc.com/2024/02/11/stock-market-today-live-updates.html