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Stock Futures Edge Down After Indexes Hit Records

Provided by Dow Jones By Joe Wallace U.S. stock futures edged down Tuesday, signaling that major indexes may take a breather after signs of a rapid economic recovery powered them to record highs. Futures tied to the S&P 500 ticked down 0.3%, a day after the benchmark gauge of large-cap stocks rose to its 17th all-time closing high of 2021. Contracts for the Dow Jones Industrial Average, which on Monday reached a new peak for the 18th time this year, slipped 0.2%. Futures for the technology-heavy Nasdaq-100 index fell 0.4%. Stocks have leapt at the start of the second quarter amid optimism that government spending, vaccinations and the relaxation of restrictions are unleashing a spell of swift economic growth. A series of data have offered evidence that a rebound in activity and hiring is under way a year after the pandemic slammed the brakes on the economy. Investors are betting that sectors such as banking and mining will benefit from the re

S&P 500, Nasdaq Composite Edge Higher

Provided by Dow Jones By Joe Wallace and Karen Langley Major U.S. stock indexes hovered in record territory Tuesday after signs of rapid economic recovery propelled them to all-time highs a day earlier. The S&P 500 edged up 0.1%, putting it on pace for another record close. The Dow Jones Industrial Average slipped 0.1% after notching its 18th closing record of 2021 on Monday. The tech-heavy Nasdaq Composite added 0.4% but remains down about 2.4% from its February record. Stocks have leapt to start the second quarter on optimism that government spending, vaccinations and the relaxation of restrictions are unleashing a spell of swift economic growth. A series of data have offered evidence that a rebound in activity and hiring is under way a year after the pandemic slammed the brakes on the economy.

S&P 500 on Track to Set Another Record

Provided by Dow Jones By Joe Wallace and Karen Langley The S&P 500 hovered in record territory Tuesday after signs of rapid economic recovery propelled it to an all-time high a day earlier. The broad U.S. stock index edged up less than 0.1%, after notching its 17th record close of 2021 on Monday. The Dow Jones Industrial Average slipped 0.1%, or about 36 points, from its own closing record. The tech-heavy Nasdaq Composite added 0.1% and remains down about 2.6% from its February record. Stocks have leapt to start the second quarter on optimism that government spending, vaccinations and the relaxation of restrictions are unleashing a spell of swift economic growth. A series of data have offered evidence that a rebound in activity and hiring is under way a year after the pandemic slammed the brakes on the economy.

Stocks Steady After Indexes Hit Records

Stocks Steady After Indexes Hit Records
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S&P, Dow Edge Lower in Early Trading

S&P, Dow Edge Lower in Early Trading
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