Dow Futures Trade Lower After Posting Best Week Since 1976 By Investing.com


© Reuters.

By Oliver Gray 

Investing.com – U.S. stock futures were trading in a tight range during Sunday’s evening deals, after major benchmark averages rallied in the previous week, with the posting its best week in decades as investors continued to monitor a slew of corporate earnings results.

By 7:05pm ET (11:05pm GMT) and were were 0.1% lower while NASDAQ Futures eased 0.2%.

In the week ahead, market participants will be looking toward the U.S. Federal Reserve’s and policy , amid expectations of another 75 basis point hike. In addition, investors will be closely monitoring and PMIs, , and data.

On the earnings front, major companies to report results include Berkshire Hathaway (NYSE:), Advanced Micro Devices (NASDAQ:), UBER, PayPal (NASDAQ:) and Exxon Mobil (NYSE:).

During Friday’s session, the  Dow Jones Industrial Average added 828.5 points or 2.6% to 32,861.8, the added 93.8 points or 2.5% or 3,901.1 and the gained 309.8 points or 2.9% to 11,102.5. For the week, the Dow surged 5.3%, the S&P500 gained 3.7% and the NASDAQ lifted 2.2%

On the bond markets, United States 10-year bond yields were at 4.016%.



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