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Dow futures tick lower as investors brace for tech earnings

Staff by Staff
January 23, 2023
in Stocks
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© Reuters.

By Oliver Gray 

Investing.com – U.S. stock futures were trading in a tight range during Sunday’s evening deals, following a mixed week for major benchmark averages as market participants digested slowing economic data, a lower , and falling ahead of major tech earnings.

By 18:40 ET (23:40 GMT) , , and were each trading 0.1% lower.

Ahead in the week, investors will be bracing for a busy week of U.S. economic events including preliminary and PMIs, , the preliminary Q4 reading, , , , , and data.

In addition, earnings season is set to heat up with companies such as Microsoft Corporation (NASDAQ:), International Business Machines (NYSE:), Tesla Inc (NASDAQ:), Visa Inc (NYSE:), Intel Corporation (NASDAQ:), and Chevron Corp (NYSE:) set to report results.

During Friday’s regular trade, the added 330.9 points or 1% to 33,375.5, the added 73.7 points or 1.9% to 3,972.6, and the lifted 288.2 points or 2.7% to 11,140.4.

On the bond markets, rates were at 3.484%.

 

 

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