U.S. stock futures were slightly down Thursday evening after a good day among key benchmark averages as investors prepared for earnings results from the largest financial institutions scheduled for release on Friday morning. By 6:45pm ET (10:45pm GMT), the Dow Jones Futures were down 0.1% while the S&P 500 Futures and Nasdaq 100 Futures were …
U.S. stock futures were slightly down Thursday evening after a good day among key benchmark averages as investors prepared for earnings results from the largest financial institutions scheduled for release on Friday morning. By 6:45pm ET (10:45pm GMT), the Dow Jones Futures were down 0.1% while the S&P 500 Futures and Nasdaq 100 Futures were trading flat. Ahead in Friday’s session, investors will be keeping an eye on import and export pricing index data as well as preliminary polls of Michigan consumer sentiment and expectations. A number of significant financial institutions are expected to report earnings, including JPMorgan Chase & Co. (NYSE: JPM), Wells Fargo & Company (NYSE: WFC), BlackRock Inc. (NYSE: BLK), and Citigroup Inc. (NYSE:C). The S&P 500 increased 37.9 points or 0.9% to 4,510.1 during regular trading on Thursday, and the NASDAQ Composite increased 219.6 points or 1.6% to 14,138.6. The Dow Jones Industrial Average increased 47.7 points or 0.1% to 34,395.2. The U.S. producer price index beat expectations by 0.4% and came in at 0.1%, signaling a reduction in inflationary pressures and an uptick in investor confidence. The number of unemployment claims, which were predicted to be 250K, was 237K instead. United States 10-Year rates were 3.769% on the bond markets.
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