Stock Market News

Dow Futures Trade Flat Ahead of FOMC Minutes

2022.07.06 04:00

Dow Futures Trade Flat Ahead of FOMC Minutes

By Oliver Gray 

Investing.com – U.S. stock futures were little changed during Tuesday’s evening deals, after major benchmark indices finished in a mixed fashion as falling bond yields boosted risk sensitive tech stocks.

By 6:50pm ET (10:50pm GMT) Dow Jones Futures, S&P 500 Futures and Nasdaq 100 Futures were all trading flat.

Ahead in the session, investors will be monitoring the release of the Federal Reserve’s June meeting minutes, while Markit and ISM services PMIs as well as the JOLTS job openings survey will be closely watched for signs of an economic slowdown.

During Tuesday’s regular trading, the Dow Jones Industrial Average lost 129 points or 0.4% to 30,967.8, the S&P 500 added 6.1 points or 0.2% to 3,831.4 and the NASDAQ Composite lifted 194.4 points or 1.8% to 11,322.2.

Among stocks, technology companies outperformed, with Block Inc (NYSE:SQ) adding 4.4%, Meta Platforms Inc (NASDAQ:META) lifting 5.1%, Amazon.com Inc (NASDAQ:AMZN) up 3.6% and Alphabet Inc (NASDAQ:GOOGL) gaining 4.2%.

Energy companies retreated as Oil prices tumbled below $100. Occidental Petroleum Corporation (NYSE:OXY) lost 2.2%, Devon Energy Corporation (NYSE:DVN) fell 5.8%, Diamondback Energy Inc (NASDAQ:FANG) dipped 3.1% and ConocoPhillips (NYSE:COP) shed 7%.

On the bond markets, United States 10-Year rates were at 2.818%, falling below the 2-Year yields and signaling an economic recession.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 83,878.47 0.71%
ethereum
Ethereum (ETH) $ 1,908.73 1.82%
tether
Tether (USDT) $ 1.00 0.01%
xrp
XRP (XRP) $ 2.32 4.14%
bnb
BNB (BNB) $ 603.81 1.62%
solana
Solana (SOL) $ 129.69 4.04%
usd-coin
USDC (USDC) $ 1.00 0.00%
cardano
Cardano (ADA) $ 0.705415 6.32%
dogecoin
Dogecoin (DOGE) $ 0.17049 3.10%
tron
TRON (TRX) $ 0.215154 3.49%
staked-ether
Lido Staked Ether (STETH) $ 1,905.49 1.86%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 83,570.39 0.83%
pi-network
Pi Network (PI) $ 1.41 2.63%
leo-token
LEO Token (LEO) $ 9.54 2.07%
chainlink
Chainlink (LINK) $ 13.67 3.32%
the-open-network
Toncoin (TON) $ 3.41 1.63%
usds
USDS (USDS) $ 0.999943 0.01%
stellar
Stellar (XLM) $ 0.267568 2.67%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,284.97 1.73%
shiba-inu
Shiba Inu (SHIB) $ 0.000014 7.09%
hedera-hashgraph
Hedera (HBAR) $ 0.187857 2.46%
avalanche-2
Avalanche (AVAX) $ 18.73 0.02%
sui
Sui (SUI) $ 2.27 4.07%
litecoin
Litecoin (LTC) $ 90.66 3.03%
mantra-dao
MANTRA (OM) $ 6.78 3.29%
bitcoin-cash
Bitcoin Cash (BCH) $ 334.33 3.06%
polkadot
Polkadot (DOT) $ 4.27 2.68%
ethena-usde
Ethena USDe (USDE) $ 0.999854 0.00%
weth
WETH (WETH) $ 1,909.46 1.77%
bitget-token
Bitget Token (BGB) $ 4.41 1.00%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.03%
hyperliquid
Hyperliquid (HYPE) $ 13.38 9.12%
whitebit
WhiteBIT Coin (WBT) $ 28.55 1.28%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,027.48 1.73%
monero
Monero (XMR) $ 210.82 0.45%
uniswap
Uniswap (UNI) $ 6.15 0.58%
susds
sUSDS (SUSDS) $ 1.04 0.05%
dai
Dai (DAI) $ 1.00 0.01%
aptos
Aptos (APT) $ 5.21 2.34%
near
NEAR Protocol (NEAR) $ 2.56 3.89%
okb
OKB (OKB) $ 49.28 4.84%
pepe
Pepe (PEPE) $ 0.000007 6.87%
mantle
Mantle (MNT) $ 0.822531 10.64%
internet-computer
Internet Computer (ICP) $ 5.65 2.63%
ethereum-classic
Ethereum Classic (ETC) $ 17.59 2.16%
gatechain-token
Gate (GT) $ 21.53 1.05%
ondo-finance
Ondo (ONDO) $ 0.834164 4.67%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 83,796.45 0.82%
aave
Aave (AAVE) $ 168.36 3.90%
tokenize-xchange
Tokenize Xchange (TKX) $ 29.94 1.84%