Stocks Could End 4-Day Streak - InvestingChannel

Stocks Could End 4-Day Streak



U.S. stock index futures pointed to a mixed open on Tuesday as Wall Street tried to build on a four-day winning streak that concluded with the major averages hitting record highs

Futures for the Dow Jones Industrials slid 40 points, or 0.1%, Tuesday to 28,223

Futures for the S&P 500 sank two points, or 0.1%, at 3,196.50. The NASDAQ Composite let go of 2.5 points to 8,603.50.

Dow futures were pressured by a 1% drop in Boeing shares. The stock fell in the pre-market on news the aerospace giant is planning to suspend production of the 737 Max jet.

On the data front, housing starts and building permits for November, and a business leaders’ survey for December will all be released at 8:30 a.m. ET.

Industrial production figures for November will be released at 9:15 a.m. ET, and the latest Job Openings and Labor Turnover Survey (JOLTS) is set to follow shortly thereafter.

Overseas, in Japan, the Nikkei 225 popped 0.5% Tuesday, while in Hong Kong, the Hang Seng Index spiked 1.2%.

Oil prices improved 22 cents at $60.43 U.S. a barrel.

Gold prices gained $2.20 to $1,482.70 U.S. an ounce.