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Dow futures slip ahead of public holiday

Published 15/01/2024, 10:53 am
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Investing.com - US stock futures were trading in negative territory during Sunday's evening deals, following a mixed week for benchmark averages amid mixed inflation data and major financial earnings results.

By 6:55 pm ET (11:55 pm GMT) Dow Jones Futures, S&P 500 Futures, and Nasdaq 100 Futures were down by 0.1% apiece.

Ahead in the week, investors will be looking towards retail sales, industrial production, Michigan consumer sentiment and expectations, building permits, existing home sales, and the NAHB housing market index.

Earnings season is also set to continue with companies including Morgan Stanley (NYSE:MS), Goldman Sachs Group Inc (NYSE:GS), U.S. Bancorp (NYSE:USB), Charles Schwab Corp (NYSE:SCHW), PNC Financial Services Group Inc (NYSE:PNC) and Prologis Inc (NYSE:PLD) set to report.

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During Friday's trade, the Dow Jones Industrial Average fell 118 points or 0.3% to 37,593, the S&P 500 added 3.6 points or 0.1% to 4,783.8 and the NASDAQ Composite finished flat at 14,972.8.

The US stock market will remain closed on Monday in observance of Martin Luther King Jr Day.

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