Investing.com - Financial Markets Worldwide
Get 40% Off
Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Dow Futures Lift After Indices Post Best Week Since June

Published 10/23/2022, 07:30 PM
© Reuters.

By Oliver Gray 

Investing.com - U.S. stock futures were trading higher during Sunday’s evening deals, after major indices posted their greatest weekly advance in 4 months as market participants digested an increasing inflow of third-quarter earnings results.

By 19:20 ET (23:20 GMT) Dow Jones Futures were up 0.6%, S&P 500 Futures lifted 0.7%, and Nasdaq 100 Futures were up 1%.

Ahead in the week, investors will be closely monitoring preliminary Manufacturing and Services PMI readings, speeches from Treasury Secretary Yellen and the Fed’s Waller, CB consumer confidence as well as goods trade balance, new home sales, durable goods orders, GDP data and the PCE price index. In addition, major technology companies including Apple Inc (NASDAQ:AAPL), Alphabet Inc (NASDAQ:GOOGL), Amazon.com Inc (NASDAQ:AMZN), and Microsoft Corporation (NASDAQ:MSFT) are set to report earnings results.

 During Friday’s regular session, the Dow Jones Industrial Average added 749 points or 2.5% to 31,082.6, the S&P 500 gained 87 points or 2.4% t 3,752.8 and the NASDAQ Composite lifted 244.9 points or 2.3% to 10,859.7.

On the bond markets, United States 10-Year yields were at 14-year highs of 4.219%

 

Latest comments

hang seng -5%
very bullish this week .. go check stikstockitlive for last week friday most accurate desk traders dreams
literally can't make these predictions up as they were performed live
Kloo
Hiking interest rates will only be effective against inflation if fiscal spending is greatly reduced. This will never happen with the current regime.
this tbh
PCE data will be key to determine if inflation may be peaking. So far, the important data shows no peak as Democrat's continue social spending with illegal student loans.
Illegal student loans. Genius.
@Brad, most people know what I'm referring too (loan cancelation) . You're not as smart as you think you are.
Precise thinkers are precise writers.
Install Our App
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.