Dow futures go down
On Monday, American stock futures pointed to a lower open, thus putting the equity market on track to contribute to its two-week losing streak.
There have been obvious signs that financial markets are struggling to sustain themselves at the hard-earned levels.
S&P 500 futures ESZ6 sagged 0.4%, hitting 2,119, while Dow Jones Industrial Average futures YMZ6 lost 0.32%, trading at 17,996. Nasdaq-100 futures NQZ6 headed south 0.41%, reaching 4,783.
On Friday, the S&P 500 SPX gained 0.02%, Dow DJIA added 0.22% both closed a bit higher, though finished close to their session minimums and notched a second straight weekly loss.
Crude futures CLX6 went down 0.26%, being suppressed by data disclosing a surge in active crude rigs in the American stockpiles. European stocks SXXP dropped 0.80%, while Asian markets were mixed.
Gold futures GCZ6 fell 0.09%, while the ICE US Dollar Index DXY descended 0.13%.
Stocks in Tesla Motors Inc. TSLA dropped 1.86% after CEO Elon Musk reported that the maker of electric vehicle has delayed Monday’s product unveiling to Wednesday.