Dow Futures Little Changed As Investors Look to Earnings

  • Stock Market News
Dow Futures Little Changed As Investors Look to Earnings

By Oliver Gray - U.S. stock futures were mostly higher during Sunday’s overnight deals, with major benchmark averages coming off a losing week despite a strong relief rally on Friday as investors look ahead to a busy week of corporate earnings results.

By 06:50 PM ET (2250 GMT) Dow Jones Futures remained unchanged, while S&P 500 Futures and Nasdaq 100 Futures were up 0.1% and 0.3%, respectively.

Ahead in the week, companies expected to report earnings results include Bank of America Corp (NYSE: BAC ), Goldman Sachs Group Inc (NYSE: GS ), Charles Schwab Corp (NYSE: SCHW ), International Business Machines (NYSE: IBM ), Johnson & Johnson (NYSE: JNJ ), Netflix Inc (NASDAQ: NFLX ), Tesla Inc (NASDAQ: TSLA ), United Airlines Holdings Inc (NASDAQ: UAL ), Steel Dynamics Inc (NASDAQ: STLD ), AT&T Inc (NYSE: T ), American Airlines Group (NASDAQ: AAL ), and American Express Company (NYSE: AXP ).

Among economic data, market participants will be watching for housing starts , NAHB's housing market index , building permits , and existing home sales , while the Philadelphia Fed manufacturing index , CB leading index , and S&P Global flash PMIs are slated for release later in the week.

During Friday’s trade, the Dow Jones Industrial Average added 658.1 points or 2.2% to 31,288.3, the S&P 500 gained 72.8 points or 1.9% to 3,863.2, and the tech-heavy NASDAQ Composite added 201.2 points or 1.8% to 11,452.4. For the week, the Dow fell 0.2%, the S&P 500 lost 0.9%, and the Nasdaq Composite fell 1.57%.

On the bond markets, United States 10-Year rates were at 2.921%.


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