Breaking News
Investing Pro 0
🚨 NDVA surged 43%. This AI Chipmaker Could Be Next See Analysis

U.S. stock futures lift as banking fears ease

Published Mar 28, 2023 09:26
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters.
 
ESM3
+1.42%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
1YMM3
+2.16%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
FRCB
-6.10%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
MKC
+1.00%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
PVH
-0.23%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
LULU
+11.30%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

By Oliver Gray 

Investing.com - U.S. stock futures were trading slightly higher during Monday's evening trade, after major benchmark averages gained through regular hours as banking stocks First Republic Bank (NYSE:FRC) recovered.

By 18:30 ET (22:30 GMT) Dow Jones futures added 0.7%, while S&P 500 futures and Nasdaq 100 futures gained 0.1% apiece.

In extended deals, PVH Corp (NYSE:PVH) added 11.7% after reporting Q4 EPS of $2.38 versus $1.66 expected on revenues of $2.49 billion versus $2.36B expected.

Ahead in Tuesday's session, market participants will be monitoring goods trade balance data, retail inventories, and CB consumer confidence, as well as a testimony from the Fed's Barr.

Earnings from companies including Micron Technology (NASDAQ:MU), Lululemon Athletica (NASDAQ:LULU), Walgreens Boots Alliance (NASDAQ:WBA), and McCormick & Company (NYSE:MKC) are also slated for release during Tuesday's session.

During Monday's trade, the Dow Jones Industrial Average added 194.6 points or 0.6% to 32,432.1, the S&P 500 gained 6.5 points or 0.2% to 3,977.5, while the Nasdaq Composite dropped 55.1 points or 0.5% to 11,768.8.

On the bond markets, United States 10-Year rates were at 3.539%.

 
U.S. stock futures lift as banking fears ease
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (1)
Maurizio Masoni
Maurizio Masoni Mar 28, 2023 9:45
Saved. See Saved Items.
This comment has already been saved in your Saved Items
How can banking fears magically lift over night ??? Seriously
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email