U.S. Markets React to Steel Bid and Tesla Moves

Futures Inch Lower

US stock futures are showing a slight decline as the market gears up for a new month after a turbulent August. As of 08:59 GMT (04:59 EST), futures saw a dip: 123 points or 0.3%, 21 points or 0.4%, and 72 points or 0.4%. Notably, Wall Street was closed on Monday for Labor Day, and despite a challenging start, August wrapped up on a high note with a 2.3% increase. This marked the fourth consecutive month of gains despite initial recession fears. The 30-stock and tech-heavy indices also posted gains, indicating a resilient market performance.