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12 Feb, 2024 13:03

US pre-open: Futures little changed following S&P's record close

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New York Stock ExchangeSharecast photo / Josh White

Wall Street futures were little changed ahead of the bell on Monday following a record-setting week for the S&P 500.

As of 1245 GMT, Dow Jones futures were down 0.07%, while S&P 500 and Nasdaq-100 futures were 0.01% and 0.03% higher, respectively.

The Dow closed 54.64 points lower on Friday, while the S&P 500 closed above the 5,000-point watermark for the first time.

Corporate earnings will again be in focus this week, with Lyft, DoorDash, Kraft Heinz, Hasbro and Coca-Cola all set to report earnings before the week is out.

On the macro front, traders were also looking ahead to January's consumer price index reading on Tuesday.

As for Monday, Federal Reserve governor Michelle Bowman will deliver a speech at 1420 GMT, while Thomas Barkin and Neel Kashkari will speak at 1700 and 1800 GMT, respectively.

Reporting by Iain Gilbert at Sharecast.com


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Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news articles and we may not share the views of the author or publisher.

We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.

The value of investments can fall and you may get back less than you invested.