Stock Futures Fall as Markets Brace for Key Earnings

Stock Futures Fall as Markets Brace for Key Earnings

Stock futures were sliding on Tuesday, as investors opted to take some profit ahead of another batch of quarterly earnings reports that could help determine if the current risk-on rally still has legs.

Futures tracking the Dow Jones Industrial Average slid 74 points, or 0.2%. S&P 500 futures were down 0.1%, and contracts tied to the tech-heavy Nasdaq 100 were also down 0.1%.

The yield on the benchmark 10-year note remained below 4%, sliding by 1 basis point to 3.97%. The dollar ticked up 0.2% against a weighted basket of its peers, and gold slid 0.4% to $4,340 an ounce.

Source link

Visited 1 times, 1 visit(s) today

Leave a Reply

Your email address will not be published. Required fields are marked *