Dow futures steady as debt bill signed into law
2023.06.04 19:56
Dow futures steady as debt bill signed into law
U.S. stock futures were trading in a mixed fashion during Sunday’s evening trade after major benchmark averages closed out the holiday-shortened week higher as stronger than expected data boosted investor sentiment, while President Joe Biden signed the debt ceiling bill into law over the weekend in order to avoid an impending U.S. default.
By 7:40pm ET (11:40pm GMT) were up 0.1%, eased 0.1% and dipped 0.3%.
In the week ahead, key economic events to be watched by investors include and Services PMIs, ,, and the .
During Friday’s trade, the added 701.2 points or 2.1% to 33,762.8, the lifted in 61.4 points or 1.5% to 4,282.4 and the lifted 139.8 points or 1.1% to 13,240.8.
Among earnings, companies including Science Applications International Corp (NYSE:), Sprinklr Inc (NYSE:), Ferguson Plc (NYSE:), Campbell Soup Company (NYSE:), GameStop Corp (NYSE:), DocuSign Inc (NASDAQ:) and Toro Co (NYSE:) are scheduled to release quarterly results throughout the week.
On the bond markets, rates were at 3.696%.
