Futures for the S&P 500 and Nasdaq 100 are slightly up this morning, with investors awaiting U.S. economic data and earnings reports. Wall Street closed higher yesterday, with notable gains in tech and chip stocks, while Kyndryl Holdings plummeted after weak results. Fed Governor Miran suggested lower interest rates. U.S. and Bangladesh agreed on a trade deal. Today’s focus is on Retail Sales data, Core Retail Sales, the Employment Cost Index, and Import/Export Price Indexes. Notable earnings include Coca-Cola, Gilead Sciences, CVS Health, and Ford. In Europe, stocks are mixed, with positive news from the chemical and luxury sectors but declines in insurance and energy stocks. Asian markets closed higher, with China’s Shanghai Composite Index up slightly and Japan’s Nikkei 225 hitting a new record high due to election results. Pre-market stock movers include Taiwan Semiconductor and ON Semiconductor. Today’s U.S. earnings spotlight includes Coca-Cola, Gilead Sciences, and many others.
Read more at Barchart: Stock Index Futures Steady With U.S. Retail Sales Data in Focus
