Stock Market News

Dow futures tick lower, major earnings ahead

2023.04.23 19:10


© Reuters

By Oliver Gray

Investing.com – U.S. stock futures were trading slightly lower during Sunday’s evening deals, after major benchmark averages finished the week in the red as market participants braced for a deluge of corporate earnings results and economic data.

By 6:45pm ET (10:45pm GMT) were trading 0.1% lower while and declined 0.2% apiece.

In the week ahead, investors will be monitoring , , , , preliminary , , , and .

Quarterly earnings results will also kick into a higher gear with reporting companies including Coca-Cola Co (NYSE:), First Republic Bank (NYSE:), Microsoft Corporation (NASDAQ:), Alphabet Inc (NASDAQ:), Nestle (OTC:), PepsiCo Inc (NASDAQ:), McDonald’s Corporation (NYSE:), General Electric Company (NYSE:), Meta Platforms Inc (NASDAQ:), Bank of America Corp (NYSE:), Amazon.com Inc (NASDAQ:), Mastercard Inc (NYSE:), Intel Corporation (NASDAQ:), Exxon Mobil Corp (NYSE:) and Chevron Corp (NYSE:).

Stay ahead of the curve this earnings season with InvestingPro.

During Friday’s trade, the added 22.3 points or 0.1% to 33,809, the lifted 3.7 points or 0.1% to 4,133.5 and gained 12.9 points or 0.1% to 12,072.5. For the week, the Dow dipped 0.4%, the S&P 500 eased 0.1% and the NASDAQ lost 0.3%.

On the bond markets, rates were at 3.567%.

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