Dow futures lift; earnings, Fed decision in focus
Investing.com — US stock futures were trading higher during Sunday's evening deals, after major benchmark averages finished the week at multi-month lows as investors brace for a busy week of earnings reports and economic data.
By 6:25 pm ET (10:25 pm GMT) Dow Jones Futures added 0.1%, S&P 500 Futures were up 0.2% and Nasdaq 100 Futures lifted 0.4%.
Ahead in the week, investors will closely monitor CB consumer confidence, ADP nonfarm employment change, ISM manufacturing PMI, JOLTs job openings, the Fed's interest rate decision and statement, factory orders, average hourly earnings and nonfarm payrolls.
On the earnings front, companies including McDonald’s Corporation (NYSE:MCD), Advanced Micro Devices Inc (NASDAQ:AMD), Apple Inc (NASDAQ:AAPL), PayPal Holdings Inc (NASDAQ:PYPL) and Starbucks Corporation (NASDAQ:SBUX) are scheduled to report quarterly results.
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During Friday's regular trade, the Dow Jones Industrial Average fell 366.7 points or 1.1% to 32,417.6, the S&P 500 dipped 19.9 points or 0.5% to 4,117.4 and the NASDAQ Composite added 123.1 points or 1% to 12,718.7.
On the bond markets, United States 10-Year rates were at 4.866%.
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