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Dow futures tick higher after negative session

Published 27/06/2023, 08:31 am
© Reuters.
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Investing.com - U.S. stock futures were trading slightly higher during Monday's evening deals, after major benchmark averages finished in negative territory as tech companies retreated, with investors looking ahead to fresh economic data set to be released later in Tuesday's session.

By 18:30 ET (22:30 GMT), Dow Jones futures, S&P 500 futures, and Nasdaq 100 futures were each trading 0.1% higher.

Ahead in Tuesday's trade, investors will be focusing on building permits, durable goods orders, CB consumer confidence, new home sales, and housing price index data.

Among earnings, companies including Walgreens Boots Alliance Inc (NASDAQ:WBA), Jefferies Financial Group Inc (NYSE:JEF), Korn Ferry (NYSE:KFY), and are set to release quarterly results.

During Monday's regular session, the Dow Jones Industrial Average eased 12.7 points, or 0.04% to close at 33,714.7, the S&P 500 dipped 19.5 points or 0.5% to 4,328.8, and the Nasdaq Composite lost 156.7 points or 1.2% to 13,335.8.

Major technology heavyweights pulled back with Nvidia Corporation (NASDAQ:NVDA) down 3.7%, Alphabet Inc (NASDAQ:GOOGL) (NASDAQ:GOOG) falling 3.2%, and Meta Platforms Inc (NASDAQ:META) down 3.6%.

On the bond markets, United States 10-Year rates were at 3.721%.

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