Stock Market News

Dow futures ease 0.1% following S&P 500 record high

2024.02.12 00:03


© Reuters.

Investing.com – US stock futures indicated a largely unchanged opening on Sunday evening, coming on the heels of a week that saw the broader S&P 500 index setting new records.

By 6:30 pm ET (11:30 pm GMT) , and were trading 0.1% lower.

In the week ahead, investors will be paying close attention to key and data, as well as figures and the Michigan consumer index.

In addition, speeches by several Federal Reserve officials including , , , , and . These speeches often provide valuable insights into the central bank’s thinking and can influence market trends.

Finally, the earnings season is set to roll into its fourth week, with several major companies on deck to report their financial results. These include beverage giant Coca-Cola Co (NYSE:), home-sharing platform Airbnb Inc (NASDAQ:), animal health company Zoetis Inc (NYSE:), networking hardware company Cisco Systems Inc (NASDAQ:), semiconductor equipment supplier Applied Materials Inc (NASDAQ:), and agricultural machinery manufacturer Deere & Company (NYSE:).

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On Friday, the climbed 0.57% to close above the 5,000 level for the first time in history. The tech-centric followed suit, gaining 1.25%. Conversely, the slipped 54.46 points or 0.14%.

On the bond markets, rates were at 4.177%.

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