4.9 C
New York
Saturday, January 28, 2023

Dow futures little changed ahead of holiday, earnings season

Dow futures little changed ahead of holiday, earnings season
© Reuters.

 

ESH3
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ARVL
+17.52%

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GS
+1.10%

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RDHL
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KMI
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NFLX
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MS
+1.25%

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SCHW
-0.60%

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BBBY
-30.15%

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By Oliver Gray 

Investing.com – U.S. stock futures were trading higher during Sunday’s evening deals, after major benchmark averages finished the week at monthly highs as investors rotated into riskier assets following slightly easing CPI data last week.

Markets will remain closed On Monday for a public holiday.

By 6:30pm ET (11:30pm GMT) Dow Jones Futures were trading flat while S&P 500 Futures and Nasdaq 100 Futures fell 0.1% apiece.

In extended deals, Bed Bath & Beyond Inc (NASDAQ:BBBY) was down 5.7%, Arrival Vault USA Inc (NASDAQ:ARVL) lost 4.6% and Redhill Biopharma Ltd (NASDAQ:RDHL) dropped 3.8%.

Ahead in the week, investors will be looking towards fresh readings on producer prices, industrial production, retail sales, building permits, housing starts, existing home sales and the Philadelphia Fed Manufacturing Index.

On the earnings front, market participants will be closely monitoring results from major companies including Morgan Stanley (NYSE:MS), Goldman Sachs Group Inc (NYSE:GS), Netflix Inc (NASDAQ:NFLX), Charles Schwab Corp (NYSE:SCHW) and Kinder Morgan Inc (NYSE:KMI).

On the bond markets, United States 10-Year rates were at 3.498%.

Source: Investing.com

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