Stocks looked set to slide on Monday, as investors waited to see if a slew of speeches by Federal Reserve governors would bolster the market’s hopes for further interest-rate cuts.
Futures tracking the Dow Jones Industrial Average fell 149 points, or 0.3%. S&P 500 futures were 0.3% lower, and contracts tied to the Nasdaq 100 were also down 0.3%.
The three gauges soared to record closing highs last week after the Fed interest rates for the first time since December, and signaled that more reductions could be on the way.
