Stock Market News

Dow futures lift slightly, focus on earnings and inflation data

2023.08.06 22:39


© Reuters.

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 data due later in the week.

By 7:25pm ET (11:25pm GMT) were up 0.1%, gained 0.2% and lifted 0.3%.

Ahead in the week, market participants will be closely monitoring , , preliminary Michigan consumer and , and data, as well as speeches from FOMC members and .

Meanwhile, Q2 earnings season is set to continue with companies including Sony Group Corp (NYSE:), Palantir Technologies Inc (NYSE:), Glencore (OTC:) (LON:) PLC (OTC:), SoftBank Group Corp. (OTC:), Rivian Automotive Inc (NASDAQ:), Fox Corp (NASDAQ:), Warner Music Group (NASDAQ:), Walt Disney Company (NYSE:) and Alibaba Group Holdings (NYSE:) reporting throughout the week.

Get the latest earnings results with InvestingPro.

During Friday’s regular session, the fell 23.9 points or 0.5% to 35,065.6, the lost 23.9 points or 0.5% to 4,478 and the lost 50.5 points or 0.4% to 13,909.24.

On the bond markets, rates were at 4.058%.

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