U.S. stock futures paused at record high levels on Monday, as the chief executive of the S&P 500’s fifth-largest company indicated he would sell a tenth of the company.
- Futures on the Dow Jones Industrial Average YM00,
+0.21%rose 46 points, or 0.1%, 36261
- Futures on the S&P 500 ES00,
+0.06%were steady at 4690
- Futures on the Nasdaq 100 NQ00,
-0.02%edged 0.1%, or 15 points, lower to 16337
Last week, the Dow DJIA,
What’s driving markets
Elon Musk’s Twitter poll that he should sell a 10% stake in Tesla TSLA,
Musk, in a tweet, said he was prepared to accept either outcome. Musk has repeatedly questioned the value of Tesla, and his brother Kimbal sold 88,500 shares on Friday, according to a Securities and Exchange Commission filing.
Besides Musk, traders will look at the decision by the House of Representatives to approve an infrastructure package, though a larger spending bill still remains in doubt.
Japanese investment group SoftBank 9984,