Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

Dow futures trade flat, Powell’s speech in focus

Published 30/11/2022, 10:19 am
Updated 30/11/2022, 10:22 am
© Reuters.

© Reuters.

By Oliver Gray 

Investing.com - U.S. stock futures were trading flat during Tuesday’s evening deals following a mixed regular session as market participants await a key speech from Federal Reserve Chair Jerome Powell for further clues into the path of future rate hikes.

By 18:25 ET (23:25 GMT) Dow Jones Futures and S&P 500 Futures were steady while Nasdaq 100 Futures eased 0.1%.

In extended deals, Hewlett Packard Enterprise Co (NYSE:HPE) reported Q4 EPS of 57 cents, in line with expectations, on revenue of $7.87 billion versus $7.4B expected.

Ahead in Wednesday’s session, investors will be focusing on ADP private payrolls, JOLTS Job Openings and pending home sales data, as well as the Federal Reserve’s Beige Book.

On the earnings front, results from Petco Health and Wellness Company Inc (NASDAQ:WOOF), Salesforce Inc (NYSE:CRM) and Five Below Inc (NASDAQ:FIVE) will be closely monitored.

During Tuesday’s regular trade, the Dow Jones Industrial Average finished little changed at 33,852.5, the the S&P 500 fell 6.3 points or 0.2% to 3,957.6,and the NASDAQ Composite dipped 65.7 points or 0.6% to 10,983.8.

On the bond markets, United States 10-Year rates were at 3.75%.

 
 
 

Latest comments

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.