🤑 It doesn’t get more affordable. Grab this 60% OFF Black Friday offer before it disappears…CLAIM SALE

Dow futures tick lower following best week since June

Published 14/11/2022, 00:42
© Reuters.
US500
-
DJI
-
WMT
-
HD
-
KSS
-
TGT
-
ESZ24
-
1YMZ24
-
NQZ24
-
M
-
LOW
-
US10YT=X
-

By Oliver Gray 

Investing.com - U.S. stock futures trading lower during Sunday's evening deals, following the strongest weekly advance in almost five months as market participants rotated back into risk-sensitive asset classes after weaker-than-expected CPI data.

By 18:40 ET (23:40 GMT) Dow Jones Futures and S&P 500 Futures fell 0.2% apiece, while Nasdaq 100 Futures dipped 0.3%.

Ahead in the week, investors will be looking towards fresh producer price index, exports, imports, and retail sales data as well as building permits, housing starts, and existing home sales.

On the earnings front, investors will be bracing for results from major retailers including Walmart Inc (NYSE:WMT), Home Depot Inc (NYSE:HD), Target Corporation (NYSE:TGT), Lowe’s Companies Inc (NYSE:LOW), Macy’s Inc (NYSE:M), and Kohl's Corp (NYSE:KSS).

During Friday’s trading session, the Dow Jones Industrial Average added 32.5 points or 0.1% to 33,747.9, the S&P 500 gained 36.5 points or 0.9% to 3,992.9, and the NASDAQ Composite gained 209.2 points or 1.9% to 11,323.3. For the week, the Dow rallied 4.2%, the S&P 500 added 5.9%, and the NASDAQ popped 8.1%,

On the bond markets, United States 10-Year rates were at 3.811%.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.