🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

Dow futures tick 0.1% higher ahead of CPI and earnings

Published 11/04/2023, 23:38
© Reuters
US500
-
DJI
-
C
-
JPM
-
WFC
-
ESZ24
-
1YMZ24
-
NQZ24
-

By Oliver Gray

Investing.com - U.S. stock futures were trading slightly higher during Tuesday's evening deals after a mixed session among major benchmark averages as tech slipped while energy and financial companies lifted ahead of closely watched inflation data due later in Wednesday's session.

By 18:30 ET (22:30 GMT) Dow Jones futures, S&P 500 futures, Nasdaq 100 futures were each trading 0.1% higher.

Ahead in Wednesday's trade, analysts are expecting March's annualized CPI reading to come in at 5.2% versus 6% in the previous month. In addition, the Federal budget balance and minutes from the latest FOMC meeting will also be monitored by market participants.

Later in the week, earnings season is slated to kick off with major financial companies JPMorgan Chase & Co (NYSE:JPM), Citigroup Inc (NYSE:C), and Wells Fargo & Company (NYSE:WFC) set to report results alongside UnitedHealth Group Incorporated (NYSE:UNH).

During Tuesday's regular trade, the Dow Jones Industrial Average added 98.3 points or 0.3% to 33,684.8, the S&P 500 finished flat at 4,109, and the Nasdaq Composite slipped 52.5 points or 0.4% to 12,031.9.

On the bond markets, United States 10-Year rates were at 3.432%.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.