Dow futures tick lower, major earnings ahead

By Oliver Gray

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).

Stay ahead of the curve this earnings season with InvestingPro.

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%.

Related Articles

Dow futures tick lower, major earnings ahead

Biden EPA to issue power plant rules that lean on carbon capture

This week in tech: Shares slide at Netflix, Tesla, Alphabet | Pro Recap

Read More

Add Comment

Click here to post a comment