Market Snapshot: U.S. stock futures volatile as Wall Street strives to shake off back-to-back losses

by | Aug 14, 2023 | Stock Market

U.S. stock futures saw choppy trading early Monday, with the S&P 500 contract twitching in a nearly 40-point range, as Wall Street strives to bounce after back-to-back weekly losses.How stocks are trading
S&P 500 futures
rose 4.50 points, or 0.1%, to 4,485.25.

Dow Jones Industrial Average futures YM00 were up 41 points, or 0.1%, at 35,392.

Nasdaq-100 futures
edged up 23.25 points, or 0.2%, to 15,119.

The S&P 500
and Nasdaq Composite
logged back-to-back weekly losses on Friday, while the Dow
bucked the trend to post a 0.6% gain.

What’s driving markets Futures were a touch firmer, having bounced off session lows, but the cautious mood of late is seeping into the new week, with sentiment not helped by lingering concerns about prospects for China’s economy. The S&P 500 recorded two consecutive weeks of losses, shedding 2.6% in the process, after the rally faltered in many big technology stocks such as Apple
and Nvidia …

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