U.S. stock futures suggest record-setting run to end on Tuesday
U.S. stocks recovered Monday from early losses, as the S&P 500 SPX, +0.26% notched its 49th record close of 2021 and extending a winning run to five sessions. The Dow Jones Industrial Average DJIA, +0.31% also established its fifth straight record, while the Nasdaq Composite COMP, -0.20% weakened by 0.2%.Retail sales highlights a busy slate of economic releases due for release. Economists polled by The Wall Street Journal expect a 0.3% monthly drop in sales in July, or a 0.
Despite recent economic reports coming in weaker than forecast in both the U.S. and China, equities have gathered strength, thanks to strong earnings.
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