Dow Futures Trade Flat After Indices Finish at 3-Month Lows
2022.09.25 20:11
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© Reuters.
By Oliver Gray
Investing.com – U.S. stock futures remained little changed during Sunday’s evening deals, after major benchmark averages finished the previous week at 3-month lows as surging interest rates and slowing global growth soured risk sentiment.
By 7:00pm ET (11:00pm GMT) were flat while and declined 0.1% and 0.2%, respectively.
Ahead in the week, market participants will be paying particular attention to a batch of speeches from Federal Reserve officials including , and , while , personal and , and will also be closely watched.
During Friday’s trade, the lost 486.3 points or 1.6% to 29,590.4, the fell 64.8 points or 1.7% to 3,693.2 and the shed 198.9 points or 1.7% to 10,867.9. For the week, the Dow lost 3.8%, the S&P 500 shed 4.3% and the NASDAQ lost 4.4%.
On the bond markets, rates surged to 3.691%, the highest levels since February 2011.
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