Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolio

Dow futures trade steady ahead of public holiday

Published 06/18/2023, 07:40 PM
© Reuters.
- - U.S. stock futures were trading in positive territory during Sunday's evening deals, following a strong week for major benchmark averages as easing CPI data and a pause from Federal Reserve policymakers boosted investor sentiment, with major markets set to remain closed for a public holiday on Monday.

By 19:20 ET (23:20 GMT), Dow Jones futures were trading flat, S&P 500 futures lifted 0.1%, and Nasdaq 100 futures gained 0.3%.

In the week ahead, investors will be closely monitoring preliminary building permits, housing starts, Q1 current account data, existing home sales, and Markit's preliminary manufacturing and services PMIs.

Key speeches will also be watched from FOMC members Bullard, Williams, Bowman, Barkin, Bostic, and Mester, as well as the Fed's Powell, Cook, and Jefferson.

During Friday's session, the Dow Jones Industrial Average lost 108.9 points or 0.3% to 34,299.1, the S&P 500 fell 16.3 points or 0.4% to 4,409.6, and the Nasdaq Composite dipped 93.3 points or 0.7% to 13,689.6.

For the week, the Dow added 1.2% to 4-month highs, while the S&P 500 and Nasdaq lifted 2.7% and 2.3%, respectively, to each finish at 14-month highs.

On the bond markets, United States 10-Year rates were at 3.769%.

Latest comments

Test drive a Tesla today, its fun and its free. I bought 2 Teslas.
okay, what's the excuse da today manipulators.
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.