Stocks on Wall Street were elevated slightly Monday as traders anticipate the Federal Reserve’s decision on interest rates later this week, according to the Associated Press.
Futures for the S&P 500 were up 0.2% in the premarket, while Dow Jones Industrial Average futures were flat and Nasdaq futures rose 0.3%.
Auto retailer Carvana shot up nearly 9%, building materials company CRH jumped 7% and construction contractor Comfort Systems USA rose 1.4%.
Berkshire Hathaway lost less than 1% after the Warren Buffett-led conglomerate announced investment manager and Geico CEO Todd Combs is leaving the company and heading to JPMorgan Chase.
Netflix rose less than 1% and Warner Bros. Discovery shares were off 0.7% after President Donald Trump said Sunday that Netflix’s deal to buy Warner Bros. Discovery “could be a problem” because of the size of the combined market share.
In energy trading, U.S. benchmark crude oil shed 82 cents to $59.26 per barrel. Brent crude, the international standard, lost 83 cents to $62.92 per barrel.
