50% Off! Beat the market in 2025 with InvestingProCLAIM SALE

Dow futures tick higher, earnings season comes into focus

Published 2023-10-15, 09:14 p/m
© Reuters.
US500
-
1YMH25
-
IXIC
-
US10YT=X
-

Investing.com - US stock futures were trading higher during Sunday's evening deals, after major benchmark averages finished with weekly advances amid stronger than expected earnings from major financial companies.

By 6:40pm ET (10:40pm GMT) Dow Jones Futures and S&P 500 Futures were up by 0.1% while Nasdaq 100 Futures added 0.2%.

Ahead in the week, market participants will be closely monitoring the NY empire state manufacturing index, retail sales, industrial production, retail inventories, building permits, Philadelphia Fed Manufacturing Index and a raft of speeches from Harker, WIlliams, Bowman, Barkin, Waller, Jefferson, Barr, Powell, Bostic, Logan, and Mester.

Among earnings, major companies including Bank of America Corp (NYSE:BAC), Goldman Sachs Group Inc (NYSE:GS), Lockheed Martin Corporation (NYSE:LMT), United Airlines Holdings Inc (NASDAQ:UAL), Tesla Inc (NASDAQ:TSLA) and Morgan Stanley (NYSE:MS).

Stay ahead of the curve this earnings season with InvestingPro.

During Friday's regular trade, the Dow Jones Industrial Average added 39.2 points or 0.1% to 33,670.3, the S&P 500 lost 21.8 points or 0.5% to 4,327.8 and the NASDAQ Composite dipped 167 points or 1.2% to 13,407.2.

On the bond markets, United States 10-Year rates were at 4.612%.

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.