Dow Fights to Hold 24,000, But Government Shutdown Puts Pinch on Airlines & Retailers

Dow Jones Industrial Average futures traded down slightly in pre-market trading on Friday as the blue-chip index fought to hold above 24,000 and extend a five-day winning streak as the US government shutdown hit the three-week mark. Dow Futures Dip Below 24,000 As of 8:36 am ET, Dow futures implied losses of 60 points or 0.25 percent, positioning the index for an opening-bell drop to 23,893. S&P 500 futures had declined by 0.32 percent ahead of the session open, while Nasdaq futures were down 0.43 percent. Dow Jones Industrial Average (blue), S&P 500 (red), and Nasdaq (orange) futures suggested that the stock market may end its five-day winning streak. All three indices had fought back from pre-market losses to close in the green on Thursday, notching the stock market’s fifth consecutive day of gains. The Dow rose 122.8 points or 0.51 percent to sneak across the 24,000 threshold to 24,001.92.…

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