Dow Futures Move Lower As Earnings Season Begins

Dow Futures Move Lower As Earnings Season Begins
.

USTECH

-0.30%

Add to/Remove from Watchlist

Add to Watchlist

Add Position

Position added successfully to:

+ Add another position
Close

US30

-0.26%

Add to/Remove from Watchlist

Add to Watchlist

Add Position

Position added successfully to:

+ Add another position
Close

US500

-0.31%

Add to/Remove from Watchlist

Add to Watchlist

Add Position

Position added successfully to:

+ Add another position
Close

US500

-2.80%

Add to/Remove from Watchlist

Add to Watchlist

Add Position

Position added successfully to:

+ Add another position
Close

DJI

-2.11%

Add to/Remove from Watchlist

Add to Watchlist

Add Position

Position added successfully to:

+ Add another position
Close

C

-2.02%

Add to/Remove from Watchlist

Add to Watchlist

Add Position

Position added successfully to:

+ Add another position
Close

JPM

-2.00%

Add to/Remove from Watchlist

Add to Watchlist

Add Position

Position added successfully to:

+ Add another position
Close

WFC

-1.07%

Add to/Remove from Watchlist

Add to Watchlist

Add Position

Position added successfully to:

+ Add another position
Close

MS

-2.93%

Add to/Remove from Watchlist

Add to Watchlist

Add Position

Position added successfully to:

+ Add another position
Close

PEP

-0.73%

Add to/Remove from Watchlist

Add to Watchlist

Add Position

Position added successfully to:

+ Add another position
Close

DAL

-4.02%

Add to/Remove from Watchlist

Add to Watchlist

Add Position

Position added successfully to:

+ Add another position
Close

IXIC

-3.80%

Add to/Remove from Watchlist

Add to Watchlist

Add Position

Position added successfully to:

+ Add another position
Close

US10Y…

+0.06%

Add to/Remove from Watchlist

Add to Watchlist

Add Position

Position added successfully to:

+ Add another position
Close

By Oliver Gray 

Investing.com – U.S. stock futures were trading lower during Sunday’s evening deals, after major benchmark indices finished the week in a mixed fashion amid volatile trading conditions as investors brace for a busy week amid corporate earnings, FOMC minutes and highly anticipated consumer price index data.

By 7:10pm ET (11:10pm GMT) Dow Jones Futures were down 0.5%, while S&P 500 Futures and Nasdaq 100 Futures dipped 0.6% apiece.

Ahead in the week, market participants will be closely monitoring speeches from fed policymakers including Evans and Brainard as well as FOMC members Harker and Mester for further clues on the Fed’s rate hike path. In addition, fresh PPI and CPI data, the FOMC’s latest meeting minutes, retail sales and Michigan consumer sentiment will be watched, as well as fresh earnings results from companies including Morgan Stanley (NYSE:MS), JPMorgan Chase & Co (NYSE:JPM), Citigroup Inc (NYSE:C), Wells Fargo & Company (NYSE:WFC), PepsiCo Inc (NASDAQ:PEP) and Delta Air Lines Inc (NYSE:DAL).

During Friday’s trade, the Dow Jones Industrial Average lost 360.2 points or 2.1% to 29,296.8, the S&P 500  fell 104.9 points or 2.8% to 3,639.7 and the NASDAQ Composite dipped 420.9 points or 3.8% to 10,652.4. For the week, the Dow lifted 1.5%, the S&P 500 added 0.8% while the NASDAQ lifted just 0.1%.

On the bond markets, United States 10-Year rates were at 3.885%.

Leave a Reply

Your email address will not be published. Required fields are marked *

Previous post Ukraine seeks to rebuild economy with defiant small businesses
Next post Explainer-The ways China’s Xi Jinping amassed power over a decade