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Hassan Bashir
Nov 15, 2022 10:52AM ET
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💎 Reveal Undervalued Stocks Hiding in Any Market Get Started
Dow futures tick lower following best week since June
© Reuters.
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%.
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Comments (3)
Williams Robert
Nov 13, 2022 9:24PM ET
I get
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0
William Smith
Nov 13, 2022 7:28PM ET
Wall Street did not get the divided government they hoped for.
1
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