Dow futures tick higher, CPI data in focus
2023.07.09 20:22
© Reuters
Investing.com – Stock futures were trading mixed on Sunday evening, with market participants looking ahead to key inflation data on Wednesday and Thursday as well as second-quarter earnings.
By 6:45pm ET (10:45pm GMT) added 0.1%, were flat and slipped 0.1%.
Ahead in the week, investors will be closely monitoring Wednesday’s and price indexes, and price indexes, Michigan consumer and as well as a raft of speeches from FOMC and Federal Reserve officials including , , , , , , and .
Earnings season is set to kick off this week with companies including Bed Bath & Beyond Inc (OTC:), PepsiCo Inc (NASDAQ:), Delta Air Lines Inc (NYSE:), and UnitedHealth Group Incorporated (NYSE:), as well as financial giants JPMorgan Chase & Co (NYSE:), Wells Fargo & Company (NYSE:), BlackRock Inc (NYSE:) and Citigroup Inc (NYSE:) slated to report quarterly results.
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During Friday’s session, the lost 187.4 points or 0.6% to 33,734.9, the dipped 12.6 points or 0.3% to 4,399 and the lost 18.3 points or 0.1% to to 13,660.7. For the week, the Dow declined 1.9%, the spx lost 1.2% while the NASDAQ dipped 1%.
On the data front, closely watched data came in at 209K versus 225K expected.
On the bond markets, rates were at 4.069%.
