Stock Market News

Dow Futures Lift After Indices Extend Declines

2022.10.10 19:27

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© Reuters.

By Oliver Gray

Investing.com – U.S. stock futures were trading little higher during Monday’s evening deals, after major benchmark averages finished the regular session lower, extending Friday’s declines as hopes for an interest rate pivot faded after Federal Reserve President noted that policymakers are committed to dampening inflation pressures despite the risk of rising unemployment.

By 7:10pm ET (11:10pm GMT) and were up 0.2% while lifted 0.3%.

In extended deals, Virgin Galactic Holdings Inc (NYSE:) fell 3%, Warner Music Group (NASDAQ:) gained 3% and Leggett & Platt Incorporated (NYSE:) dipped 8%.

Ahead in the week, market participants will be closely monitoring fresh and price data, figures as well as corporate earnings results from major banking companies.

During Monday’s regular session, the fell 93.9 points or 0.3% to 29,202.9, the fell 27.3 points or 0.8% to 3,612.4 and the dipped 110.3 points or 1% to 10,542.1.

On the bond markets, rates were at 3.888%.

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