S&P 500 futures hold the line ahead of another batch of earnings and Fedspeak
From Dow Jones & Company:
U.S. stock index futures point to a mixed start as investors eye more corporate earnings reports. S&P 500 futures rose 1 point, or 0% to 4976. Dow Jones Industrial Average futures added 3 points to 38616. Nasdaq 100 futures climbed 10 points to 17670.
The Dow Jones Industrial Average rose 141 points on Tuesday. The S&P 500 increased 11 points, and the Nasdaq Composite gained 11 points.
Corporate earnings are taking center stage, with traders keen to see if profits support a market sitting near record highs. Shares of Snap plunged 30%, while Ford Motor and Chipotle Mexican Grill showed well-received results and forecasts.
Wednesday’s U.S. economic updates include the trade deficit for December and January consumer credit. There is another raft of Federal Reserve officials making comments.
Read more: S&P 500 futures hold the line ahead of another batch of earnings and Fedspeak