Stock futures are flat as traders await another inflation reading, big bank earnings: Live updates

  • 📰 NBCDFW
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

News News

Australia Australia Latest News,Australia Australia Headlines

Traders are watching for the wholesale inflation report and quarterly reports from JPMorgan Chase and Wells Fargo.

Stock futures were little changed on Thursday evening, as investors looked ahead to a wholesale inflation reading and quarterly results from major banks.pulling back from their records in Thursday's session. The broad market index slipped 0.2%, while the Dow lost about 0.1%. Therose 0.2% on a monthly basis and 2.4% from a year earlier. Those results topped the 0.1% monthly advance and 2.3% year-over-year gain economists polled by Dow Jones anticipated.

Indeed, another catalyst awaits on Friday morning: the producer price index, a measure of wholesale prices. Economists polled by Dow Jones expect the PPI index to have risen 0.1% in September on a monthly basis. Excluding food and energy costs, they forecast a 0.2% advance.The major averages are heading into the final day of the week with modest gains. The S&P 500 is up 0.5% week to date, while the Dow is toting a 0.2% gain. The Nasdaq is the outperformer of the three, up 0.8% in the period.

Futures tied to the S&P 500 ticked up 0.02%, while Nasdaq 100 futures hovered near the flatline. Dow Jones Industrial Average futures added 4 points, or less than 0.1%.Stocks making the biggest moves midday: First Solar, Tesla, TD Bank and more

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 288. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines