NVDA Q3 Earnings Alert: Why our AI stock picker is still holding Nvidia stockRead More

Dow futures lift slightly, focus on earnings and inflation data

Published 2023-08-06, 07:46 p/m
© Reuters.
US500
-
DJI
-
DIS
-
SONY
-
ESZ24
-
1YMZ24
-
NQZ24
-
GLEN
-
IXIC
-
US10YT=X
-
GLCNF
-
SFTBF
-
BABA
-
FOX
-
WMG
-
PLTR
-
RIVN
-

Investing.com - U.S. stock futures were trading higher during Sunday's evening deals, after major benchmark averages finished the week in negative territory as slowing macroeconomic data soured risk sentiment ahead of further corporate earnings results and CPI data due later in the week.

By 19:25 ET (23:25 GMT), Dow Jones futures were up 0.1%, S&P 500 futures gained 0.2%, and Nasdaq 100 futures lifted 0.3%.

Ahead in the week, market participants will be closely monitoring NFIB small business optimism, trade balance, preliminary Michigan consumer sentiment and expectations, CPI and PPI data, as well as speeches from FOMC members Harker and Bowman.

Meanwhile, Q2 earnings season is set to continue with companies including Sony Group Corp (TYO:6758) (NYSE:SONY), Palantir Technologies Inc (NYSE:PLTR), Glencore (LON:GLEN), SoftBank Group Corp (TYO:9984), Rivian Automotive Inc (NASDAQ:RIVN), Fox Corp (NASDAQ:FOX), Warner Music Group (NASDAQ:WMG), Walt Disney Company (NYSE:DIS), and Alibaba Group Holdings (NYSE:BABA) reporting throughout the week.

Get the latest earnings results with InvestingPro.

During Friday's regular session, the Dow Jones Industrial Average fell 150.3 points or 0.4% to 35,065.6, the S&P 500 lost 23.9 points or 0.5% to 4,478 and the NASDAQ Composite lost 50.5 points or 0.4% to 13,909.24.

On the bond markets, United States 10-Year rates were at 4.058%.

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.