Wall Street turns to the second quarter after the Nasdaq Composite surged during the first three months of the year.
Nasdaq 100 futures retreated on Sunday evening as Wall Street turned its attention to the start of the second quarter.
The moves in futures come ahead of the first trading day of the second quarter on Monday. All three major averages were positive in the first quarter, despite turmoil in the banking sector highlighted by the collapse of Silicon Valley Bank in March. Meanwhile, the S&P 500 rose 7% in the first three months of the year for its second-straight positive quarter. The Dow industrials lagged but still managed to grind out an advance of 0.4%.
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