Market Snapshot: U.S. stock futures pause at records as Musk says he’ll sell big Tesla stake

United States

U.S. stock futures paused at record high levels on Monday, as the chief executive of the S&P 500’s fifth-largest company indicated he would sell a tenth of the company.

What’s happening

Last week, the Dow DJIA, the S&P 500 SPX and the Nasdaq Composite COMP each ended at record highs. The S&P 500 has climbed for six of the last seven weeks and 16 of the last 18 trading sessions.

What’s driving markets

Elon…