🍎 🍕 Less apples, more pizza 🤔 Have you seen Buffett’s portfolio recently?Explore for Free

Dow futures tick higher, CPI data in focus

Published 10/07/2023, 00:20
© Reuters
US500
-
DJI
-
C
-
JPM
-
BBBYQ
-
WFC
-
PEP
-
UNH
-
ESZ24
-
1YMZ24
-
NQZ24
-
DAL
-
BLK
-
IXIC
-
US10YT=X
-

Investing.com - Stock futures were trading mixed on Sunday evening, with market participants looking ahead to key inflation data on Wednesday and Thursday as well as second-quarter earnings.

By 18:45 ET (22:45 GMT), Dow Jones futures added 0.1%, S&P 500 futures were flat, and Nasdaq 100 futures slipped 0.1%.

Ahead in the week, investors will be closely monitoring Wednesday's consumer and producer price indexes, import and export price indexes, Michigan consumer sentiment and expectations, as well as a raft of speeches from FOMC and Federal Reserve officials including Barr, Mester, Daly, Bostic, Bullard, Kashkari, and Waller.

Earnings season is set to kick off this week with companies including Bed Bath & Beyond Inc (OTC:BBBYQ), PepsiCo Inc (NASDAQ:PEP), Delta Air Lines Inc (NYSE:DAL), and UnitedHealth Group Incorporated (NYSE:UNH), as well as financial giants JPMorgan Chase & Co (NYSE:JPM), Wells Fargo & Company (NYSE:WFC), BlackRock Inc (NYSE:BLK), and Citigroup Inc (NYSE:C) slated to report quarterly results.

Stay up to date with the latest earnings reports with InvestingPro.

During Friday's session, the Dow Jones Industrial Average lost 187.4 points or 0.6% to 33,734.9, the S&P 500 dipped 12.6 points or 0.3% to 4,399 and the NASDAQ Composite lost 18.3 points or 0.1% to to 13,660.7. For the week, the Dow declined 1.9%, the S&P lost 1.2%, and the Nasdaq dipped 1%.

On the data front, closely watched nonfarm payrolls data came in at 209K versus 225K expected.

On the bond markets, United States 10-Year rates were at 4.069%.

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.