Stock futures remain slightly unchanged in trading on Sunday after the major U.S. market indexes attained record highs on Friday after a better-than-anticipated October jobs report.
Futures on the Dow Jones shed by 26 points. Nasdaq 100 futures and S&P 500 futures both traded in slightly negative territory.
All three major U.S. stock averages closed at peak record on Friday to end a week on a higher end. The Dow increased by 203.72 points on its sixth-straight position day. The S&P 500 rose by 0.4% for its seventh consecutive winning session. The Nasdaq Composite gained 0.2% to post its tenth positive session in a row.
The rally came following the better-than-expected October jobs report.
JPMorgan’s David Lebovitz said, “The economy is certainly picking up some momentum. We are expecting economic growth to accelerate here into the end of 2021 and the beginning of 2022.”
