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Dow futures tick higher, Fed minutes in focus

Published 01/02/2023, 06:38 PM
Updated 01/02/2023, 06:38 PM
© Reuters

By Oliver Gray 

Investing.com - U.S. stock futures were trading higher during Monday’s evening deals, with market participants looking ahead to a busy week of economic data and the release of the U.S. Federal Reserve’s latest meeting minutes.

By 18:35 ET (23:35 GMT) Dow Jones Futures and S&P 500 Futures were up 0.3% while Nasdaq 100 Futures added 0.2%.

Ahead in Tuesday’s session, investors will be looking towards the S&P Global manufacturing PMI and construction spending, JOLTS data, as well as the minutes of the Fed’s latest policy meeting.

Later in the week, ADP nonfarm employment and December’s nonfarm payrolls report will also be closely watched.

On the earnings front, Walgreens Boots Alliance Inc (NASDAQ:WBA) and Constellation Brands Inc (NYSE:STZ) are set to report quarterly results on Thursday.

On the bond markets, United States 10-Year rates were at 3.831%.

 

Latest comments

sideway this year mark my words . it wont reach last high nor last low
haha inflation going down will lead rally only to crash with recession fears eventually.. it's all decided already
Barely...this year is going to be a doozie!
Court Reporters with computers can get a raw report out in minutes. Why the wait for Fed stuff?
well I woke up to a 386 point gain on a hail mary long I put in on Fridays bottom. it went against me 100 + points. I kept it with no stop loss. I knew this market wanted to coil up and still will do so. 33500 easy target 34000 out of the question? no. we have lots of data coming this week so volatility will be like a bar code. I will only be trading large moves down biased long until this market can show a definitive turnaround and sentiment changes to blismal. good luck and watch your account
This certainly didnt age well lol
open higher not tick higher
dow 🗾
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