Oliver Gray | Investing.com
Published Aug 14, 2023 00:08
Investing.com – U.S. stock futures were trading slightly higher during Sunday’s evening trade, following a mixed week among benchmark averages as rising bond yields damaged sentiment and caused a decline among risk sensitive tech assets.
By 6:45pm ET (10:45pm GMT) Dow Jones Futures were up by 0.1% S&P 500 Futures lifted 0.2% and Nasdaq 100 Futures gained 0.3%.
In the week ahead, investors will be closely monitoring retail sales, import and export price indexes, business inventories, industrial production, building permits, housing starts, FOMC meeting minutes and the Philadelphia Fed manufacturing index.
Among earnings, companies including Home Depot Inc (NYSE:HD), JD.com Inc Adr (NASDAQ:JD), Suncor Energy Inc (NYSE:SU), Target Corporation (NYSE:TGT), Walmart Inc (NYSE:WMT), Applied Materials Inc (NASDAQ:AMAT), Deere & Company (NYSE:DE) and Palo Alto Networks Inc (NASDAQ:PANW) are set to report quarterly results .
During Friday’s regular trade, the Dow Jones Industrial Average added 105.3 points or 0.3% to 35,281.4, the S&P 500 dipped 4.8 points or 0.1% to 4,464.1 and the NASDAQ Composite lost 93.1 points or 0.7% to 13,644.9. For the week, the Dow added 0.4%, the S&P 500 lost 0.5% and the NASDAQ sank 2.4%.
On the bond markets, United States 10-Year rates were at 4.158%
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Written By: Investing.com
