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08.11 - 11:33
Stock futures inch lower in overnight trading after Dow retakes record high
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cnbc.comStock futures dipped slightly in overnight trading on Wednesday after the blue-chip Dow Jones Industrial Average retook its record high amid solid corporate earnings.
Dow futures fell 35 points. S&P 500 futures and Nasdaq 100 futures both traded 0.1% lower.
The 30-stock average jumped about 150 points to hit an intraday record Wednesday, surpassing its peak from mid-August. The S&P 500 climbed 0.4% for its sixth straight positive day, sitting just 0.2% below its all-time high. The tech-heavy Nasdaq Composite closed Wednesday's session slightly lower, however.
«The Dow traded to a new all-time high today, again showing the resilience of dip buyers and the importance of cyclical companies in the stock market rally,» said Chris Zaccarelli, CIO
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