Stock futures slip as tech heavyweight earnings loom

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A cautious tone enveloped markets as investors eyed a busy period of corporate results and economic data that could color the Fed's interest rate decision.

U.S. stock futures were lower on Monday as traders reduced exposure to risk assets ahead of a busy week for company earnings reports.

How are stock-index futures trading On Friday, the Dow Jones Industrial Average DJIA rose 22 points, or 0.07%, to 33809, the S&P 500 SPX increased 4 points, or 0.09%, to 4134, and the Nasdaq Composite COMP gained 13 points, or 0.11%, to 12072. The U.S. March PCE inflation data, among the Fed’s favored price gauges, will be published on Friday, too.

The likes of Microsoft Corp. MSFT , Alphabet Inc. GOOG and Texas Instruments Inc. TXN will report Tuesday.

 

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