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Shaky Futures Close Out Second Best First Half Since 1998

US stock index futures treaded water after rebounding from session lows on the last day of the quarter, one day after the S&P 500 and the Nasdaq closed at record levels, as rising renewed lockdown risks from the delta coronavirus strain overshadowed confidence in the global economic recovery. The S&P 500 has climbed about 14.3% in the first half of the year and is set for its second best first-half performance since 1998.

With energy, financials, real estate and communication services stocks notching the best performance at the sectoral level. The S&P growth index which houses mega-cap FAAMG names has jumped nearly 11.9% this quarter, outperforming its value peer and narrowing the gap for the year-to-date performance.

At 715 a.m. ET, Dow e-minis were down 54 points, or 0.16%, S&P 500 e-minis were down 1.5 points, or 0.04%, and Nasdaq 100 e-minis were down 16.75 points, or 0.12%.

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