Day Traders Diary
U.S. stock index futures pointing to a lower opening for the first trading day of June, after China's rhetoric on U.S. trade relationship intensified over the weekend. The Dow Jones Industrial Average futures slipped 58 points, indicating a drop of 60 points at the open. Futures on the S&P 500 and Nasdaq 100 also fell. The Dow came into Monday's session having logged in six straight weeks of losses, the index's longest weekly slide since 2011.
Shares of Boeing, a trade bellwether of global trade, is down a percent on FAA concerns over safety of certain 737 wing parts. Alphabet is lower by 3% after the Justice Department is reportedly investigating the tech company for antitrust violations.All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.