Major Indexes on Track to Post Weekly Losses

28 minutes ago

The S&P 500, Nasdaq Composite and Dow Jones Industrial Average are on pace record weekly losses, as the post-election rally that pushed major indexes to record highs loses steam.

On Monday, the S&P 500 closed above 6,000 and the Dow finished above 44,000 for the first time ever. Stocks have slumped since then, as the chart below shows.

For the Dow and S&P 500, this would mark the third week of the last four that the indexes have posted weekly losses.

Major Index Stock Futures Point to Lower Open

42 minutes ago

Futures tied to the Dow Jones Industrial Average were down 0.4%.

S&P 500 futures were down 0.5%.

Nasdaq 100 futures were off 0.9%.

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