watch
now
Stock
futures
were
little
changed
on
Monday
evening
as
Wall
Street
looked
to
find
its
footing
after
an
uneven
start
to
the
month.
Futures
for
the
Dow
Jones
Industrial
Average
were
roughly
flat.
S&P
500
futures
and
Nasdaq
100
futures
ticked
up
less
than
0.1%
each.
The
move
in
futures
came
after
the
Dow
fell
more
than
115
points,
or
0.3%,
on
the
first
trading
day
of
June.
The
S&P
500
and
Nasdaq
Composite
both
rose
modestly
on
Monday.
Weak
manufacturing
data
weighed
on
market
sentiment,
as
investors
are
waiting
to
see
if
growth
can
hold
up
while
the
Federal
Reserve
waits
for
inflation
to
decline
enough
to
cut
interest
rates.
Gabriela
Santos,
JPMorgan
Asset
Management
chief
market
strategist
for
the
Americas,
said
on
CNBC’s
“Closing
Bell”
that
the
economy
still
looks
solid
overall
even
if
some
investors
are
losing
confidence.
“For
us,
this
is
really
a
story
of
moderation
in
the
overall
pace
of
growth.
But
any
time
you’re
moving
to
a
lower
altitude,
you
can
have
some
slightly
more
choppy
areas
—
some
concern
about
too
much
deceleration,”
she
said.
A
busy
week
of
economic
data
continues
on
Tuesday,
with
job
opening
and
factory
order
data
for
April
due
out
at
10
a.m.
ET.
The
key
report
of
the
week
will
be
Friday’s
May
payrolls
report.
