Dow futures dip after positive week

Dow futures dip after positive week

By Oliver Gray

Investing.com – U.S. stock futures were trading lower during Sunday’s evening trade, after major benchmark indices finished the holiday shortened week higher as investors proved optimistic amid potentially smaller interest rate hikes from Federal Reserve policymakers.

By 6:36pm ET (11:36pm GMT) Dow Jones Futures were down 0.2%, S&P 500 Futures fell 0.3% and Nasdaq 100 Futures were down 0.4%.

In the week ahead, market participants will be looking toward fresh speeches from FOMC members Bullard and Williams on Tuesday and CB consumer confidence on Wednesday. On Thursday, ADP employment, JOLTS job openings, pending home sales, preliminary GDP figures and Powell’s speech on Thursday will be monitored closely, while Friday’s session will bring core PCE data, jobless claims, ISM manufacturing PMI, nonfarm payrolls and November’s unemployment print.

On the earnings front, results from Salesforce Inc (NYSE:CRM), Five Below Inc (NASDAQ:FIVE), Pinduoduo (NASDAQ:PDD), Intuit (NASDAQ:INTU), Workday Inc (NASDAQ:WDAY), Synopsys (NASDAQ:SNPS), and Dollar General (NYSE:DG) are set to be released throughout the week.

During Friday’s session, Dow Jones Industrial Average added 153 points or 0.5% to 3,347, the S&P 500 finished little changed and the NASDAQ Composite fell 59 points or 0.5% to 11,226.4. For the week, the Dow lifted 1.8%, the S&P 500 increased 1.5% and the NASDAQ added 0.7%.

On the bond markets, United States 10-Year rates were at 3.691%.

NEWS RELATED

'SNL' Trolls Southwest — And The People Who Fly It

The “Saturday Night Live” cast took off on Southwest Airlines’ dismal performance over the winter holidays with gags about its antique computers, hand-written schedules and a one-eyed pilot. The sketch — in the form of a mock ad for the airline — boasted about Southwest’s new “premier lounge” — inside ...

View more: 'SNL' Trolls Southwest — And The People Who Fly It

Is Nikki Haley setting a ‘man-trap’ for Trump, Pompeo and other 2024 rivals?

Is Nikki Haley setting a ‘man-trap’ for Trump, Pompeo and other 2024 rivals? In a recent appearance on Fox News, Nikki Haley, the former South Carolina governor and former U.S. ambassador to the United Nations, listened while host Sean Hannity listed some of the potential Republican candidates she might ...

View more: Is Nikki Haley setting a ‘man-trap’ for Trump, Pompeo and other 2024 rivals?

A Bull Market Is Coming: Here’s What I’m Buying to Prepare

A bull outlined against a field The stock market is off to a great start in 2023. The S&P 500, the TSX Composite Index and the NASDAQ all started off the year with positive gains, and there are signs that the gains will continue. Last year, central banks raised ...

View more: A Bull Market Is Coming: Here’s What I’m Buying to Prepare

Djokovic wins 1st set of Australian Open final vs Tsitsipas

Djokovic wins 1st set of Australian Open final vs Tsitsipas MELBOURNE, Australia (AP) — Novak Djokovic has won the opening set 6-3 against Stefanos Tsitsipas in the Australian Open men’s singles final on Sunday. Djokovic broke Tsitsipas’ serve in the fourth game of the opening set to take a ...

View more: Djokovic wins 1st set of Australian Open final vs Tsitsipas

Actress and former senator Viola Léger, best known as La Sagouine, dies at 92

Actress and former senator Viola Léger, best known as La Sagouine, dies at 92 Actress, teacher and former senator Viola Léger has died at the age of 92. A release from management company Le Grenier musique says Léger died Saturday in Dieppe, New Brunswick. Léger was best known for ...

View more: Actress and former senator Viola Léger, best known as La Sagouine, dies at 92

Like vinyl, but for photos: Why film cameras are back in focus

In an ever-increasing digital world where rarely an hour, let alone a day, goes by without gazing at a smartphone or tablet, some people are redeveloping their passion for a technology seemingly headed for extinction: the film camera. In recent years, the popularity of the devices has outstripped supply — driven largely ...

View more: Like vinyl, but for photos: Why film cameras are back in focus

‘Tidying Up’ Host Marie Kondo Explains Why She’s ‘Kind Of Given Up’ On Her Own ‘Messy’ Home

Marie Kondo Marie Kondo has become the go-to expert for decluttering one’s home, thanks to her Netflix series “Tidying Up with Marie Kondo” and “Sparking Joy with Marie Kondo”. During a recent webinar promoting her new book, Marie Kondo’s Kurashi at Home: How to Organize Your Space and Achieve ...

View more: ‘Tidying Up’ Host Marie Kondo Explains Why She’s ‘Kind Of Given Up’ On Her Own ‘Messy’ Home

NFL to review 'mechanics' of tackle that injured Cowboys' Tony Pollard, per report

The tackle that ended Dallas Cowboys running back Tony Pollard’s season is under review and could potentially lead to a rule change. The NFL’s Competition Committee will review the “mechanics of the tackle in Pollard’s case,” the Washington Post reported on Saturday. Pollard suffered a broken left fibula and high ankle sprain in Dallas’ 19-12 loss against ...

View more: NFL to review 'mechanics' of tackle that injured Cowboys' Tony Pollard, per report

Bus crash kills 39 people in Pakistan

One of Dubai's Most Luxurious New Hotels Opens Next Month — Here's a Sneak Peek Inside

Obamas ramp up calls for police reform after ‘vicious’ beating of Tyre Nichols

Vinyl fans eager for first pick at 98-year-old Newfoundland radio station's sale

Price of furnace oil on P.E.I. soars 14.3 cents a litre in 2 days

EDITORIAL: Supreme Court endorses ‘hypothetical’ cases

This painting was found in a farm shed covered in bird droppings. It sold for $3 million

How supermarket freezers are heating the planet, and how they could change

Letters: January 29, 2023

Saskatchewan tech companies receive high interest despite layoffs from Meta, Google, others

Got $3,000? 3 TSX Growth Stocks to Buy in January 2023

Your Horoscope This Week: 29th January to 4th February, 2023

OTHER NEWS