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Microsoft Corp, Amazon.com Inc and Facebook Inc
eased about 0.2% each, while Apple Inc and Google-owner Alphabet
Inc were slightly higher. Markets were shut on Monday for the
Labor Day holiday.
Tracking benchmark bond yields higher, banks including Wells
Fargo, Goldman Sachs, Citigroup and JP Morgan rose between 0.4%
and 0.5%.
The Nasdaq hit a record high on Friday, while the other two main
indexes posted small declines, reflecting mixed sentiment
stemming from a disappointing U.S. jobs report.
The S&P 500 and the Nasdaq have gained around 1.5% each since
Aug. 27 following dovish commentary from Fed Chair Jerome Powell
at the Jackson Hole Symposium where he again said that a stable
job market was an essential goal for the central bank to start
pulling back monetary support.
Easy central bank policies and re-opening optimism have pushed
the benchmark indexes to multiple record highs over the past few
weeks, but concerns over rising Delta coronavirus infections and
its impact on the economic recovery could impede the rally.
At 6:44 a.m. ET, Dow e-minis were up 4 points, or 0.01%, S&P 500
e-minis were down 2.5 points, or 0.06%, and Nasdaq 100 e-minis
were down 23.75 points, or 0.15%.
Oil companies Halliburton, Occidental Petroleum and Exxon Mobil
were flat to 0.3% lower.
Columbia Property Trust Inc jumped 15.8% after Pacific
Investment Management Company (PIMCO) said it would buy the
company for $2.2 billion. [L4N2Q92J1]
(Reporting by Shashank Nayar in Bengaluru; Editing by Anil
D'Silva)
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