U.S. stock futures dipped slightly early Tuesday, following a strong finish for Wall Street in June. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 (SPX) were down 0.24%, 0.09%, and 0.17%, respectively, at 2:35 a.m. EST, July 1.
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For the month, the S&P 500 and the Nasdaq Composite gained 5% and 6.6%, respectively, while the Dow Jones climbed 4.3%. Investors are watching trade developments closely, such as progress in U.S.-China and U.S.-India talks, while also eyeing potential interest rate cuts later this year.
Investors are eyeing Thursday’s June Jobs report for clues on the strength of the U.S. labor market and potential shifts in Fed policy.