US equities futures fell on Monday, suggesting that the major equities index will fall below the record highs as investors posted gains while weighing new political and economic uncertainties.
Futures linked to the S&P 500 fell 0.5%, indicating that the benchmark index may fall from the daily high at which it closed on Friday. Contracts linked to the Nasdaq-100 rose 0.4% lower and contracts linked to the Dow Jones Industrial Average fell 0.7%.
In recent days, supplies have rallied over the promises that a democratic Congress will increase government spending, which will boost economic recovery.
At the beginning of the new week, market sentiment is declining as investors face a number of risks. On the political front, House Speaker Nancy Pelosi (D., California) said the House may decide this week to accuse President Trump. It is worrying that fresh unrest in Washington could reduce support for other important measures.
Recent economic data also showed that the U.S. labor market recovery stalled in December, ending seven months of job growth and contributing to concerns that the short-term outlook is deteriorating. Covid-19 infection rates continue to rise. Experts warned this month of upheaval in new cases, hospitalizations and deaths after the holiday rallies and travel in December.