
Please try another search
By Oliver Gray
Investing.com - U.S. stock futures fell during Sunday’s evening trade, after major benchmark averages finished the week mixed as better-than-expected economic data boosted expectations of higher interest rates from Federal Reserve officials, while market participants remain focused on a busy week of earnings results.
By 18:35 ET (23:35 GMT) Dow Jones futures were down 0.2%, S&P 500 futures fell 0.3%, and Nasdaq 100 futures lost 0.4%.
In the week ahead, traders will remain focused on a slew of earnings results from companies including Activision Blizzard (NASDAQ:ATVI), Take-Two Interactive Software (NASDAQ:TTWO), BP (NYSE:BP), Chipotle Mexican Grill (NYSE:CMG), Walt Disney (NYSE:DIS), CVS Health (NYSE:CVS), Uber Technologies (NYSE:UBER), PayPal Holdings (NASDAQ:PYPL), PepsiCo (NASDAQ:PEP), and Philip Morris International (NYSE:PM).
On the economic calendar, closely watched events will include December’s trade balance, wholesale inventories, jobless claims and Michigan’s consumer expectations and sentiment surveys. In addition, speeches from the Fed’s Powell and Waller, as well as FOMC member Williams will also be monitored for clues into the future path of interest rates.
During Friday’s regular session, the Dow Jones Industrial Average fell 127.9 points or 0.4% to 33,926, the S&P 500 lost 43.3 points or 1% to 4,136.5, and the Nasdaq Composite dipped 193.9 points or 1.6% to 12,007. For the week, the Dow lost 0.1%, the S&P 500 added 2.2% to fresh 6-month highs, and the Nasdaq rallied 4.3% to finish at 5-month highs.
On the bond markets, United States 10-Year rates were at 3.519%.
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
I feel that this comment is:
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.