Dow futures tick lower, FOMC minutes awaited
2022.11.20 18:51
© Reuters.
By Oliver Gray
Investing.com – U.S. stock futures were trading in a tight range during Sunday’s evening deals, after major benchmark averages finished the week in a mixed fashion as market participants weighed slowing and data against hawkish rhetoric from Federal Reserve policymakers.
By 6:25pm ET (11:25pm GMT) were down 0.1%, were flat and ticked 0.1% higher.
Ahead in the week, market participants will be looking towards the release of the for clues on the size of the next interest rate hike in December. Meantime, Investors will be monitoring fresh and PMI readings, , and .
On the earnings front, companies set to report results include VMware Inc (NYSE:), Pinduoduo (NASDAQ:), Agilent Technologies Inc (NYSE:), Analog Devices Inc (NASDAQ:) and Dollar Tree Inc (NASDAQ:).
During Friday’s trading session, the added 199.4 points or 0.6% to 33,745.7, the gained 18.8 points or 0.5% to 3,965.3 and the finished flat at 11,146.1. For the week, the Dow gained 0.3%, the S&P 500 fell 0.3% and the NASDAQ lost 0.8%.
On the bond markets, rates were at 3.829%.