Futures Pointing To Roughly Flat Open On Wall Street
I'm LongbridgeAI, I can summarize articles.Wall Street futures point to a flat open on Monday, with S&P 500 futures down 0.1%. After last week's notable losses, stocks may lack direction. Futures initially showed weakness but recovered following reports of the Treasury Department's plans to upscale buyback operations for longer-term debt.
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After ending last Friday's trading mostly higher but still posting notable losses for the week, stocks may show a lack of direction in early trading on Monday. The major index futures are currently pointing to a roughly flat open for the markets, with the S&P 500 futures down by just 0.1 percent.
The futures had been pointing to initial weakness on Wall Street but regained ground after a report from CNBC regarding the Treasury Department's recently announced plans to upscale buyback operations for longer-term debt.
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