Stocks may snap longest winning streak in 20 years as futures dip while OPEC+ crushes oil prices

Stocks and Investing Stocks and Investing

Mon, May 5, 2025

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[ Mon, May 05th ] - CNN

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Sun, May 4, 2025

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[ Sun, May 04th ] - Fortune

Stocks may snap longest winning streak in 20 years as futures dip while OPEC+ crushes oil prices

^{Published on 2025-05-04 19:41:02 -}

Futures for the Dow Jones Industrial Average slipped 121 points, or 0.29%. Futures for the S&P 500 lost 0.35%, and Nasdaq futures eased 0.33%.

On May 4, 2025, U.S. stock futures showed mixed signals as the Dow Jones Industrial Average futures slightly declined by 0.1%, while S&P 500 futures edged up by 0.1%, aiming to extend its winning streak to a sixth consecutive day. The Nasdaq Composite also saw a marginal increase of 0.2%. This market movement comes amidst anticipation of the Federal Reserve's upcoming interest rate decision and ongoing geopolitical tensions. Additionally, oil prices experienced a slight uptick, with West Texas Intermediate crude rising by 0.3% to $82.50 per barrel, influenced by OPEC's decision to maintain production cuts, reflecting continued efforts to manage global oil supply amidst fluctuating demand.

Read the Full Fortune Article at:
[ https://fortune.com/2025/05/04/stock-market-today-dow-futures-sp500-win-streak-oil-prices-opec/ ]

N@N

Stocks may snap longest winning streak in 20 years as futures dip while OPEC+ crushes oil prices