By Oliver Gray
Investing.com – U.S. stock futures were trading slightly lower during Sunday’s evening deals, after major benchmark averages finished the week in the red as market participants braced for a deluge of corporate earnings results and economic data.
By 6:45pm ET (10:45pm GMT) Dow Jones Futures were trading 0.1% lower while S&P 500 Futures and Nasdaq 100 Futures declined 0.2% apiece.
In the week ahead, investors will be monitoring CB consumer confidence, building permits, new home sales, core durable goods orders, preliminary GDP figures, pending home sales, PCE price index, Chicago PMI and Michigan consumer sentiment.
Quarterly earnings results will also kick into a higher gear with reporting companies including Coca-Cola Co (NYSE:KO), First Republic Bank (NYSE:FRC), Microsoft Corporation (NASDAQ:MSFT), Alphabet Inc (NASDAQ:GOOGL), Nestle (OTC:NSRGY), PepsiCo Inc (NASDAQ:PEP), McDonald’s Corporation (NYSE:MCD), General Electric Company (NYSE:GE), Meta Platforms Inc (NASDAQ:META), Bank of America Corp (NYSE:BAC), Amazon.com Inc (NASDAQ:AMZN), Mastercard Inc (NYSE:MA), Intel Corporation (NASDAQ:INTC), Exxon Mobil Corp (NYSE:XOM) and Chevron Corp (NYSE:CVX).
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During Friday’s trade, the Dow Jones Industrial Average added 22.3 points or 0.1% to 33,809, the S&P 500 lifted 3.7 points or 0.1% to 4,133.5 and NASDAQ Composite gained 12.9 points or 0.1% to 12,072.5. For the week, the Dow dipped 0.4%, the S&P 500 eased 0.1% and the NASDAQ lost 0.3%.
On the bond markets, United States 10-Year rates were at 3.567%.
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