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Dow futures steady, Israel-Hamas war in focus

Published 10/10/2023, 07:20 AM
© Reuters

Investing.com - U.S. stock futures were trading in a tight range during Monday's evening deals, following a positive session for major benchmark averages as oil prices surged after the eruption of the Israel-Hamas war.

By 6:40pm ET (10:40pm GMT) Dow Jones Futures and S&P 500 Futures were steady while Nasdaq 100 Futures ticked 0.1% higher.

In extended deals, Saratoga Investment Corp (NYSE:SAR) added 1.5% after the company reported EPS of $1.08 versus $1.02 expected, with revenues coming in at $35.5 million versus $35.4 million expected.

Ahead in Tuesday's trade, investors will be closely monitoring NFIB small business optimism, wholesale inventories and trade sales as well as speeches from Bostic, Kashkari, Waller and Daly.

Among earnings, companies including PepsiCo Inc (NASDAQ:PEP), Louis Vuitton (OTC:LVMUY), Neogen Corporation (NASDAQ:NEOG) and AZZ Incorporated (NYSE:AZZ) are expected to report quarterly earnings.

Stay ahead of the curve this earnings season with InvestingPro.

During Monday’s regular session, the Dow Jones Industrial Average added 197 points or 0.6% to 33,604.7, the S&P 500 added 27.2 points or 0.6% to 4,335.7 and the NASDAQ Composite gained 52.9 points or 0.4% to 13,484.2.

On the bond markets, United States 10-Year rates were at 4.638%.

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