This morning, futures contracts tied to the Dow Jones Industrial Average dipped approximately 150 points, after a record-high closing on Friday. The S&P 500 and the Nasdaq also logged gains on Friday.
Investors are looking ahead to the Federal Reserve’s July meeting, which begins tomorrow and extends through Tuesday.
Meanwhile, the world’s largest digital currency briefly neared $40,000 before settling just below $39,000 — a number not seen since mid-June. Investors expect that the coin’s volatile ride in recent months may impact Tesla’s earnings report, as the electric vehicle maker owns quite a bit of the currency.
The delta variant of the virus is continuing to infect Americans, with cases mounting in all states.
And, lawmakers are hoping to reach a bipartisan agreement on infrastructure as early as today.