Dow Mini Futures held firm at 38,525 following release of Fed Beige Book data showing moderate economic growth. Traders expect sector rotation toward defensive plays if growth signals weaken. Spotify Technology SA (SPOT) closed down more than -4% after announcing founder Daniel Ek will step down as CEO next year. Notably, the 2018-2019 shutdown, the longest in US history, occurred during Trump’s first term in office. Dow Mini Futures are modestly higher at 38,580 as investor focus shifts to housing market data. A rebound in construction activity could bolster industrial-linked equities and sustain short-term futures momentum.
