Futures little changed ahead of data deluge - what's moving markets
Investing.com -- U.S. stock futures edge up as traders look ahead to key economic data and new company results this week. Elsewhere, Google reportedly eyes plans to sell its mapping data to companies building renewable energy products, while Mark Zuckerberg, Elon Musk and other tech industry leaders are invited to Washington for a forum discussing the possible pitfalls of generative artificial intelligence.
1. U.S. futures little changed
U.S. stock futures were near flat Tuesday as investors awaited the release of fresh economic data and corporate earnings (see below).
At 05:27 ET (9:27 GMT), the Dow futures and S&P 500 futures were little changed, while Nasdaq 100 Futures dipped 14 points or 0.1%.
The main indices on Wall Street all closed in the green on Monday. It was their second consecutive winning session, a slight lift for stock markets that endured a tough August. Despite the increases, the benchmark S&P 500, tech-heavy Nasdaq Composite and 30-stock Dow Jones Industrial Average are all on pace to finish lower on a monthly basis.
2. Job openings survey ahead; Best Buy earnings loom
Traders will have a chance to pick through data on job openings in the U.S. on Tuesday morning, along with a fresh batch of corporate results from the waning quarterly earnings season.
Economists predict that the Job Openings and Labor Turnover Survey, or JOLTS, will show that the number of available positions dropped to about 9.47 million in July. That would be down from 9.58 million in the previous month — the lowest level in more than two years, but still indicative of a tight jobs market.
The JOLTS report will serve as a prelude to the much-anticipated publication of the key U.S. nonfarm payroll figures later this week. The labor
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