The main benchmark averages had a mixed afternoon on Monday, and U.S. stock futures were trading in a narrow range as investors awaited the release of crucial job data throughout the week. The Dow Jones Futures and S&P 500 Futures were flat by 6:20 p.m. ET (10:20 p.m. GMT), while the Nasdaq 100 Futures had …
The main benchmark averages had a mixed afternoon on Monday, and U.S. stock futures were trading in a narrow range as investors awaited the release of crucial job data throughout the week. The Dow Jones Futures and S&P 500 Futures were flat by 6:20 p.m. ET (10:20 p.m. GMT), while the Nasdaq 100 Futures had increased by 0.1%. Investors will be eagerly watching new JOLTS job openings data and a speech by FOMC member Bostic ahead of Tuesday’s trading, while ADP nonfarm employment and nonfarm payrolls are expected to be released later this week. Among the corporations reporting earnings are McCormick & Company Incorporated (NYSE:MKC), NovaGold Resources Inc (NYSE:NG), and Cal-Maine Foods Inc (NASDAQ:CALM). The S&P 500 ended Monday’s regular session unchanged at 4,288.4, the Dow Jones Industrial Average dropped 74.2 points or 0.2% to 33,433.4, and the NASDAQ Composite rose 88.5 points or 0.7% to 13,307.8. United States 10-Year rates hit new 16-year highs of 4.681% in the bond markets.
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