Traders work on the floor of the New York Stock Exchange. <\/p>\n
NYSE<\/p>\n
Stock futures came slightly under pressure Wednesday night after a continued market rotation powered the Dow Jones Industrial Average<\/a> to fresh highs.<\/p>\n Futures tied to the Dow Jones Industrial Average<\/a> lost 38 points, or nearly 0.1%. The S&P futures<\/a> shed 0.2%, while Nasdaq 100 futures<\/a> declined about 0.3%.<\/p>\n Wednesday again saw a divergence between technology stocks and other pockets of the market as value-oriented sectors such as health care outperformed. The rotation has been a relief for some investors looking for a broadening out of the market, but it could also signal growing caution away from risk-on assets.<\/p>\n The Dow on Wednesday hit its first record close above 48,000, putting the 30-stock index on pace for its best weekly performance since late June. The S&P 500<\/a> settled up slightly above the flatline to post four straight days of gains, meanwhile, and the tech-heavy Nasdaq Composite<\/a> closed the day in the red.<\/p>\n “We have rebounded in dramatic fashion from the April lows,” said Eric Teal, chief investment officer at Comerica Wealth Management. “Most importantly, the market is broadening out beyond just growth and technology, including industrials, financials, and healthcare. Small-cap stocks are also participating in the rally as lower short-term interest rates have been a harbinger for small-cap outperformance.”<\/p>\n Investors are optimistic that the U.S. government shutdown \u2014 the longest in history \u2014 could soon end after lasting six weeks. House Majority Leader Steve Scalise, R-La., told CNBC earlier Wednesday that he expects House of Representatives to make a final vote on the compromise funding bill\u00a0around 7 p.m. ET<\/a>.<\/p>\n