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Stock markets started the week lower after a Friday rally driven by hopes of a September rate cut. Follow along for live updates on the Dow, S&P 500 and Nasdaq.
Stocks closed lower on Wall Street after a big jump last week on hopes for interest rate cuts from the Federal Reserve. The S&P 500 fell 0.4% Monday.
Inside the blue chip Dow industrials, Amazon.com AMZN, Apple AAPL and Home Depot HD led the index lower in premarket trading.
Fed Chair Jerome Powell sparked a stock-market rally Friday, with his Jackson Hole speech opening the door to an interest rate cut in September.
Dow, S&P 500, and Nasdaq futures are slipping in premarket trading after a stock market rally the previous session on Fed Chair Jerome Powell's comments about interest-rate cuts.