Stock futures (^DJI, ^IXIC, ^GSPC) appear mixed to start the week after indexes soared together to new highs last week, while investors and markets also eye a slew of key economic data, including the Personal Consumption Expenditures (PCE) index due out on Friday. Bitcoin (BTC-USD) extends its losses after falling off by 10% over the past 30 days and over 5.7% in just the last week. The cryptocurrency hovers above $61,000 this morning. Apple (AAPL) has strayed into the sights of the European Commission again after regulators found Apple's App Store is in breach of its Digital Markets Act. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
Dow futures rose Monday, while Nvidia continued to pressure the Nasdaq. Bitcoin also retreated Monday. Amazon and Meta are near buy points.
The S&P 500 has surpassed its own record a staggering 31 times since January. That equates to a new all-time high for US stocks about every four trading days.