Dow futures tick lower, bank earnings in focus
2023.07.13 20:01
Investing.com – U.S. stock futures were slightly lower Thursday evening, following a positive session among major benchmark averages as investors braced for earnings results from major financial companies set for release on Friday morning.
By 6:45pm ET (10:45pm GMT) ticked 0.1% lower while and traded flat.
Ahead in Friday’s session, investors will be monitoring and price index data as well as preliminary Michigan consumer and surveys.
Among earnings, major financial companies including JPMorgan Chase & Co (NYSE:), Wells Fargo & Company (NYSE:), BlackRock Inc (NYSE:) and Citigroup Inc (NYSE:) are scheduled to report earnings results.
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During Thursday’s regular trading, the added 47.7 points or 0.1% to 34,395.2, the gained 37.9 points or 0.9% to 4,510.1 and the lifted 219.6 points or 1.6% to 14,138.6.
On the data front, the U.S. came in at 0.1% versus 0.4% expected, indicating easing inflation pressures and boosting trader sentiment. also came in under expectations at 237K versus 250K expected.
On the bond markets, rates were at 3.769%.
