U.S. stock futures fall headed into big earnings week

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

Nasdaq-100 futures slid more than 1% Sunday ahead of earnings from Netflix, Tesla and others this week.

Dow Jones Industrial Average futures YM00, -0.40% futures fell about 150 points, or 0.5%, while S&P 500 futures ES00, -0.63% sank 0.7% and Nasdaq-100 futures NQ00, -1.06% tumbled 1.1%.The U.S. stock market was closed Friday. For the week, the Dow DJIA, -0.33% lost 0.8%, recording its third straight week of losses, while the S&P 500 SPX, -1.21% shed 2.1% and the Nasdaq Composite COMP, -2.14% fell 2.6%, with both booking their second straight week of losses.

Investors are bracing for a flurry of quarterly earnings reports in the upcoming week, including Bank of America Corp. BAC, -3.22% on Monday morning, Netflix Inc. NFLX, -2.65% on Tuesday afternoon and Tesla Inc. TSLA, -3.66% on Wednesday afternoon. Eyes will also be on Twitter Inc. TWTR, -1.68%, which on Friday adopted a “poison pill” in the face of a takeover bid announced earlier in the week by Elon Musk.

A number of major banks, including Goldman Sachs Group Inc. GS, -0.10%, Morgan Stanley MS, +0.75% and Wells Fargo & Co. WFC, -4.51%, reported earnings last week, to mixed results.

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:

 /  🏆 3. in US
 

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

BTFD

Yep. BS

United States United States Latest News, United States United States Headlines