Stocks Mixed as SpaceX Faces Lock-Up Expiration and Tech Sector Weighed Down

Stock futures point to a mixed open for major indexes on Thursday, with some sectors experiencing weakness. The Dow Jones Industrial Average closed at a record high yesterday for the third day in a row, while the S&P 500 touched an all-time high but finished lower.

SpaceX shares could face increased volatility as the first lock-up period expires today, freeing up over 900 million shares from trading restrictions. Despite some experts' concerns about potential selling pressure, others argue that it's unclear how many early investors will want to sell immediately.

Memory chip makers Western Digital and Sandisk are experiencing a downturn in their shares after releasing quarterly results that topped estimates but failed to meet revenue guidance expectations.

Honeywell Aerospace's stock is plummeting following its first earnings report since being spun off from Honeywell, with the company trimming its full-year outlook.