US equity futures experienced a decline as markets shed speculative positions built up the previous week, particularly in precious metals. The S&P 500 and Nasdaq 100 were poised for a lower open.
- The defensive makeup of the Dow drove contracts to trade near the flatline.
The Dow Jones appears to be holding its ground relative to other indices. The index’s composition is helping it to resist the broader market’s downward trend resulting from sell-offs in more volatile sectors.