U.S. Stocks Tick Higher, CPI Data In Focus

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 6:45pm ET (10:45pm GMT) Dow Jones Futures added 0.1%, S&P 500 Futures were flat and Nasdaq 100 Futures slipped 0.1%, Investing.com reported.

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 spx lost 1.2% while 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%.

Previous articleNations Query How Fukushima Nuclear Water Discharge Was Approved
Next articleSingapore, Regional Equities Follow Wall Street Lower; STI Down 0.4%

LEAVE A REPLY

Please enter your comment!
Please enter your name here