On April 29, 2024, U.S. stock futures saw a slight decline following a positive start to the second half of the year, with tech stocks leading the way. The Dow Jones Industrial Average futures fell by 0.14%, S&P 500 futures slipped 0.21%, and Nasdaq 100 futures dipped 0.37%. The previous session saw gains in the major averages, with the Nasdaq Composite hitting a record high and the S&P 500 rising by 0.27%. Investors are unsure if this momentum can be sustained in the latter half of the year. While megacap tech stocks continue to perform well, concerns about market breadth causing potential volatility persist. Federal Reserve Chair Jerome Powell is set to speak at the European Central Bank Forum, with the May job openings report also on the horizon. As we head into the Fourth of July holiday, market participants will closely watch the June jobs report for further insights into the labor market.