Dow futures current trading flat suggests market
Dow futures current trading flat suggests market indecision, with sector rotation into utilities and real estate investment trusts. Traders await fresh catalysts from Washington fiscal policy updates. Crude oil futures were trading lower in the early New York session by 0.22% to hover around $62.23 per barrel. There may be some turmoil in store for stocks in the near term with the U.S. government shutdown underway, according to Ulrike Hoffmann-Burchardi, global head of equities at UBS Financial Services. Dow futures current edging up reflects bargain hunting in oversold industrial sectors. Watchlist includes Boeing and Caterpillar, both showing pre-market bids above average volumes.
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