MW U.S. stock futures fall after another losing week on Wall Street
By Mike Murphy
U.S. stock futures fell Sunday after another rough - though holiday-shortened - week on Wall Street.
Dow Jones Industrial Average futures (YM00) slipped more than 180 points, or 0.5% on Sunday evening. S&P 500 futures (ES00) and Nasdaq-100 futures (NQ00) were also down around 0.5%.
Stocks were mixed on Thursday, but all three major U.S. indexes logged weekly losses for the third time in the past four weeks. The Dow DJIA ended last week off 2.7%, while the S&P 500 SPX dipped 1.5% and the Nasdaq Composite COMP slid 2.6%. The stock market was closed for the Good Friday holiday.
On Thursday, the Dow entered a "death cross" for the first time since November 2023, as its 50-day moving average crossed below its 200-day moving average. While potentially signifying a more serious downward trend, historical data shows that the Dow's performance after a "death cross" has been consistently positive.
-Mike Murphy
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(END) Dow Jones Newswires
April 20, 2025 18:27 ET (22:27 GMT)
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