Wall Street set for flat open as investors await fresh earnings

- U.S. stock index futures were trading flat on Monday after hitting a closing high in the previous session, as investors waited for a fresh batch of earnings reports while sentiment was supported by upbeat consumer spending data.

However, the core personal consumption expenditures price index, which excludes the volatile food and energy components and is the Federal Reserve’s preferred inflation measure, remained steady at 0.1% in March. The Federal Open Market Committee will announce its interest rate decision at the end of a two-day meeting, starting Tuesday.

As trade talks enter their last leg, U.S. negotiators head to China on Tuesday to try to hammer out details to end the protracted tariff spat between the two countries. Among stocks, Walt Disney Co rose 1.5% after the debut of “Avengers: Endgame” over the weekend pushed total ticket sales for the superhero spectacle to $1.2 billion, crushing records in dozens of countries.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Facebook shares surge as Wall Street analysts rave over earnings: 'What a start to 2019'Wall Street was enamored Thursday morning with Facebook's first-quarter earnings report, with a handful of brokerages lauding its results. the biden effect What a 🐊 of 💩! These numbers need to be audited. Not their books mind you—Wall Street’s digital infrastructure 💋💋 A mesmerizing tale
Source: CNBC - 🏆 12. / 72 Read more »

Lockheed Martin shares jump 4% as earnings beat Wall Street expectationsLockheed Martin delivered first-quarter earnings on Tuesday that were far above what Wall Street anticipated.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks end the day little changed as Wall Street braces for a corporate earnings delugeWe celebrated CNBC's 30th anniversary by ringing the closing bell at NYSE today. Stocks closed flat, with the S&P 500 holding above the critical 2,900 level. NYSE ClosingBell NYSE Most Well Come S&P Unit Everybody and New York Stock Exchanges and CNBC Business News Everybody
Source: CNBC - 🏆 12. / 72 Read more »