Dow Jones futures fall as third-quarter earnings season begins By Investing.com

L


© Reuters.

Investing.com – U.S. stock futures were trading lower on Sunday evening as major benchmarks ended the week mixed with choppy trading conditions as investors braced for a busy week with corporate earnings, FOMC minutes and long-awaited CPI data .

As of 7:10 p.m. ET (11:10 GMT), it was down 0.5 percent, while the and the were down 0.6 percent each.

As the week progresses, market participants will watch statements from Fed policymakers, including , as well as members of the FOMC and , for further clues about the Fed’s rate hike path. In addition, new data and , the latest FOMC reports ( , and ), as well as new company results, including Morgan Stanley (NYSE: ), JPMorgan Chase & Co (NYSE: ), Citigroup Inc. (NYSE:), Wells Fargo & Company (NYSE: ), PepsiCo Inc (NASDAQ: ) and Delta Air Lines Inc (NYSE: ).

During the day on Friday, the index lost 360.2 points or 2.1% to 29,296.8, lost 104.9 points or 2.8% to 3,639.7 and lost 420.9 points or 3.8% to 10,652 ,4. For the week, the Dow rose 1.5%, the S&P 500 rose 0.8% and the NASDAQ rose just 0.1%.

In bond markets, US yields were at 3.885%.

By Oliver Gray

Leave a Comment

Your email address will not be published. Required fields are marked *