Oct 14 - U.S. stock index futures were mixed on Monday as investors geared up for a week packed with third-quarter earnings reports and economic data that will likely test stretched stock market valuations.
Their gains propelled the Dow Jones Industrial Average , and the benchmark S&P 500 , to record closing highs in the previous session. There would be"a very big focus" on AI investment and the extent to which companies might delay capital expenditure, among other metrics, due to uncertainty around the outcome of the upcoming U.S. election, Ostwald said.
Investors will also watch for crucial economic data this week, notably September retail sales, which are due on Thursday, for clues on the financial health of U.S. consumers. Among single movers, planemaker Boeing , slipped 2.1% in premarket trading after the company flagged a larger-than-expected Q3 loss on Friday and said it would cut 17,000 jobs and delay first deliveries of its 777X jet by a year.
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Fonte: KitcoNewsNOW - 🏆 13. / 78 Leggi di più »
Fonte: KitcoNewsNOW - 🏆 13. / 78 Leggi di più »