Advertisement
U.S. markets open in 2 hours 32 minutes
  • S&P Futures

    5,305.75
    -2.50 (-0.05%)
     
  • Dow Futures

    40,141.00
    -3.00 (-0.01%)
     
  • Nasdaq Futures

    18,492.75
    -11.00 (-0.06%)
     
  • Russell 2000 Futures

    2,136.90
    -1.50 (-0.07%)
     
  • Crude Oil

    82.12
    +0.77 (+0.95%)
     
  • Gold

    2,232.00
    +19.30 (+0.87%)
     
  • Silver

    24.82
    +0.06 (+0.25%)
     
  • EUR/USD

    1.0794
    -0.0035 (-0.32%)
     
  • 10-Yr Bond

    4.1960
    0.0000 (0.00%)
     
  • Vix

    12.99
    +0.21 (+1.64%)
     
  • GBP/USD

    1.2618
    -0.0020 (-0.16%)
     
  • USD/JPY

    151.3920
    +0.1460 (+0.10%)
     
  • Bitcoin USD

    70,638.84
    +523.54 (+0.75%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • FTSE 100

    7,954.11
    +22.13 (+0.28%)
     
  • Nikkei 225

    40,168.07
    -594.66 (-1.46%)
     

Stocks- U.S. Futures Flat as Investors Wait for Economic Data

U.S. Futures pointed to a flat opening bell on Wall Street.
U.S. Futures pointed to a flat opening bell on Wall Street.

Investing.com – U.S. futures pointed to a flat opening bell on Friday as investors look ahead to data, including the Federal Reserve’s favorite inflation gauge.

The S&P 500 futures fell 4 points or 0.15% to 2,915.50 as of 6:51 AM ET (10:51 GMT) while Dow futures lost 49 points, or 0.19%, to 26,424.0. Meanwhile tech heavy Nasdaq 100 futures decreased 15 points, or 0.20%, to 7,641.75.

Personal spending for August comes out at 8:30 AM ET (12:30 GMT), along with the August core personal consumption expenditures (PCE) price index. The PCE index is a key data point that the Fed uses to get a sense of inflation.

Meanwhile the Chicago PMI is released at 9:45 AM ET (13:45 GMT) and at 10:00 AM ET (14:00 GMT), the University of Michigan’s final measure of September consumer sentiment is expected.

Luxury car maker Tesla (NASDAQ:TSLA) slumped in premarket trading after news that its CEO Elon Musk is being sued. The company was down 11.23%.

The U.S. Securities and Exchange Commision is suing Musk for securities fraud, Bloomberg reported. The charges could bar Musk from serving as an officer of the company.

Meanwhile Alibaba (NYSE:BABA) fell 0.75%, Facebook (NASDAQ:FB) dipped 0.23% and semiconductor Micron Technology Inc (NASDAQ:MU) decreased 1.04%.

Elsewhere, medical marijuana company Tilray Inc (NASDAQ:TLRY) gained 8.10%.

In Europe stocks were down. Germany’s DAX fell 181 points or 1.46% while in France the CAC 40 was down 44 points or 0.80% and in London the FTSE 100 increased 40 points or 0.54%. Meanwhile the pan-European Euro Stoxx 50 lost 42 points or 1.24% while Spain’s IBEX 35 slumped 159 points or 1.67%.

In commodities, gold futures inched up 0.08% to $1,188.40 a troy ounce while crude oil futures were flat at $72.12 a barrel. The U.S. dollar index which measures the greenback against a basket of six major currencies, rose 0.26% to 94.86.

Related Articles

Nikkei nears 27-year high as Japan's exporters benefit from strong dollar, U.S. economy

Goldman Sees Italy Junk Risk Leading to ‘Sudden Stop’ of Capital

Sri Lanka stocks lower at close of trade; CSE All-Share down 0.12%

Advertisement