Dow futures tick lower, bank earnings in focus
Investing.com — U.S. stock futures were slightly lower Thursday evening, following a positive session among major benchmark averages as investors braced for earnings results from major financial companies set for release on Friday morning.
By 6:45pm ET (10:45pm GMT) Dow Jones Futures ticked 0.1% lower while S&P 500 Futures and Nasdaq 100 Futures traded flat.
Ahead in Friday's session, investors will be monitoring import and export price index data as well as preliminary Michigan consumer sentiment and expectations surveys.
Among earnings, major financial companies including JPMorgan Chase & Co (NYSE:JPM), Wells Fargo & Company (NYSE:WFC), BlackRock Inc (NYSE:BLK) and Citigroup Inc (NYSE:C) are scheduled to report earnings results.
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During Thursday's regular trading, the Dow Jones Industrial Average added 47.7 points or 0.1% to 34,395.2, the S&P 500 gained 37.9 points or 0.9% to 4,510.1 and the NASDAQ Composite lifted 219.6 points or 1.6% to 14,138.6.
On the data front, the U.S. producer price index came in at 0.1% versus 0.4% expected, indicating easing inflation pressures and boosting trader sentiment. Jobless claims also came in under expectations at 237K versus 250K expected.
On the bond markets, United States 10-Year rates were at 3.769%.
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