US stock futures flatline, Sales forces shares jump - News Summed Up

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US stock futures flatline, Sales forces shares jump


U.S. stock futures were flat in overnight trading on Tuesday after the S&P 500 closed at a new record high, CNBC reports. Dow futures added 5 points. The S&P 500 and Nasdaq 100 futures edged up by 0.04 percent and 0.1 percent, respectively. Salesforce will replace Exxon Mobil, Amgen will replace Pfizer and Honeywell International will replace Raytheon Technologies in the Dow average, S&P Dow Jones Indices said Monday. The changes are driven by Apple’s coming stock split, which will reduce the technology weighting in the price-weighted average.


Source: The Standard August 26, 2020 01:49 UTC



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