With markets scheduled to be closed on Monday for a national holiday, U.S. stock futures were trading in a reasonable range following a strong week for key benchmark averages. By 10:50 ET (6:50 ET), Dow Jones Futures, S&P 500 Futures, and Nasdaq 100 Futures had all decreased by 0.1%. Investors will be keenly watching the …
With markets scheduled to be closed on Monday for a national holiday, U.S. stock futures were trading in a reasonable range following a strong week for key benchmark averages. By 10:50 ET (6:50 ET), Dow Jones Futures, S&P 500 Futures, and Nasdaq 100 Futures had all decreased by 0.1%. Investors will be keenly watching the factory orders, trade balance, Markit and ISM services PMIs, nonfarm productivity, and speeches from Williams, Bowman, Logan, and Barr in the next week. The Dow Jones Industrial Average increased by 115.8 points or 0.3% to 34,837.7 during Friday’s trading session, while the S&P 500 increased by 8.11 points or 0.2% and the NASDAQ Composite ended the day flat at 14,031.8. On the data front, nonfarm payrolls came in at 187K, which was higher than expected, while the unemployment rate increased to 3.8%. The Dow increased by 1.1%, the S&P 500 increased by 2%, and the NASDAQ increased by 2.4% for the week. United States 10-Year rates were 4.181% on the bond markets.
Risk Disclaimer :
Please note that this article does not offer any instructions or suggestions regarding investment decisions. Therefore, it is essential that you carefully evaluate your financial situation and conduct thorough analysis, or seek advice from a qualified professional, before making any investment decisions.
