After a rather quiet Monday, stock futures fell Tuesday morning with Dow Jones, S&P 500 and Nasdaq futures all down slightly which is odd considering the current stock market rally. The Dow only fell a fraction, while the S&P 500 and Nasdaq lost .1% and .2%. Neither are huge losses, but they aren’t negligible either. According to Investor’s Business Daily, this slight dip is nothing to be worried about as the markets have been performing well in the recent rally and are expected to recover.
Of note today, Apple is slated to unveil a new iPhone, a new Apple Watch, and perhaps provide some insight into Apple TV + at their presentation today. Interestingly enough, investors are not expecting Apple’s stock to make any major moves after today’s 10am PT presentation, they are only expecting small movements. However, it is Apple, so no one ever truly knows what to expect.