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U.S. Stock Futures Inch Lower After Government Shutdown Finally Ends

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U.S. stock futures edged lower on Thursday morning after the Dow’s record rally yesterday.

U.S. Stock Futures Inch Lower After Government Shutdown Finally Ends

U.S. stock futures edged lower on Thursday morning as President Donald Trump signed the funding bill after both the House and Senate passed it, ending the longest government shutdown in U.S. history. Futures on the Nasdaq 100 (NDX), the S&P 500 (SPX), and the Dow Jones Industrial Average (DJIA) were down 0.13%, 0.12%, and 0.11%, respectively, at 8:05 a.m. EST on November 13.

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During Wednesday’s regular trading session, the three major indexes closed mixed as investors shifted from tech to value stocks such as those in the healthcare sector. Yesterday, the Dow Jones crossed the 48,000 mark for the first time, gaining 0.68%. The S&P 500 added 0.06%, while the Nasdaq slipped 0.26%.

Coming to trending stocks, Walt Disney (DIS) shares were down 4% in pre-market trading after the media giant reported mixed results for the fiscal fourth quarter. Meanwhile, Cisco (CSCO) stock jumped 7% in reaction to upbeat results for the fiscal first quarter.

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