Investing
Dow futures trade flat, retail earnings in focus
© Reuters.
By Oliver Gray
Investing.com – U.S. stock futures were trading in a tight range during Sunday’s evening deals, after major benchmark averages closed out the week with the biggest losses so far this year as investors retreated following commentary from the FOMC’s latest .
By 6:30pm ET (11:30pm GMT) , and were each trading in a range of 0.1%.
Ahead in the week, market participants will be monitoring fresh , , , ISM and PMIs, as well as speeches from the Fed’s as well as FOMC members and .
On the earnings front, companies including Helmerich and Payne Inc (NYSE:), Target Corporation (NYSE:), Lowe’s Companies Inc (NYSE:), Merck & Company Inc (NYSE:), Occidental Petroleum Corporation (NYSE:) and Zoom Video Communications Inc (NASDAQ:) are slated to release results throughout the week.
During Friday’s trade, the fell 337 points or 1% to 32,816.9, the lost 24.3 points or 1.1% to 3,970.1 and the dipped 195.5 points or 1.7% to 11,394.9. For the week, the Dow retreated 2.6%, the S&P 500 lost 2% and the NASDAQ fell 2.1%.
On the bond markets, rates were at 3-month highs of 3.947%.
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