U.S. stock futures inched higher after the S&P 500 (SPX) and Nasdaq Composite (NDX) slipped from record highs in Thursday’s trade. Futures on the Nasdaq 100, the Dow Jones Industrial Average (DJIA), and the S&P 500 Index were up 0.1%, 0.12%, and 0.15%, respectively, at 8:43 p.m. EDT on October 9.
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In the regular trading session, the S&P 500 and the tech-heavy Nasdaq Composite dropped 0.28% and 0.08%, respectively. The Dow Jones suffered the steepest loss, declining 0.52%. Despite the late-week pullback, both the S&P 500 and the Nasdaq are still pacing for small weekly gains of 0.3% and 1.1%, respectively. The Dow, however, is on track for a 0.9% weekly drop.
Notably, the ongoing federal government shutdown dragged into its ninth day with no clear path to resolution.
Looking ahead, traders are focused on Friday morning’s release of U.S. consumer sentiment data. Also, all eyes are on the Q3 earnings season, which begins next week with major banks reporting.
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