US Futures Mixed Ahead of Bank Earnings
US stock futures traded mixed on Tuesday as investors prepared for major bank earnings reports that could shape the direction of the third-quarter earnings season. S&P 500 and Nasdaq 100 futures slipped 0.1% and 0.2%, respectively, while Dow futures edged up 0.05%. JPMorgan, Goldman Sachs, Citigroup and Wells Fargo are set to release their latest quarterly results today. Other major companies due to report include Johnson & Johnson and UnitedHealth. Investors will also assess existing home sales data and remarks from Federal Reserve officials Christopher Waller, Tom Barkin and Susan Collins. These developments come ahead of Wednesday’s September inflation report, which could influence the Fed’s next policy decision. In Monday’s regular session, the S&P 500 and Nasdaq Composite fell 0.06% and 0.44%, respectively, pressured by a selloff in memory chip stocks. Meanwhile, the Dow gained 0.38%.
US stock futures traded mixed on Tuesday as investors prepared for major bank earnings reports that could shape the direction of the third-quarter earnings season. 05%. JPMorgan, Goldman Sachs, Citigroup and Wells Fargo are set to release their latest quarterly results today. Other major companies due to report include Johnson & Johnson and UnitedHealth.
Investors will also assess existing home sales data and remarks from Federal Reserve officials Christopher Waller, Tom Barkin and Susan Collins. These developments come ahead of Wednesday’s September inflation report, which could influence the Fed’s next policy decision. 44%, respectively, pressured by a selloff in memory chip stocks. 38%.