US pre-open: Futures little changed following S&P's record close

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Sharecast News | 12 Feb, 2024

Wall Street futures were little changed ahead of the bell on Monday following a record-setting week for the S&P 500.

As of 1245 GMT, Dow Jones futures were down 0.07%, while S&P 500 and Nasdaq-100 futures were 0.01% and 0.03% higher, respectively.

The Dow closed 54.64 points lower on Friday, while the S&P 500 closed above the 5,000-point watermark for the first time.

Corporate earnings will again be in focus this week, with Lyft, DoorDash, Kraft Heinz, Hasbro and Coca-Cola all set to report earnings before the week is out.

On the macro front, traders were also looking ahead to January's consumer price index reading on Tuesday.

As for Monday, Federal Reserve governor Michelle Bowman will deliver a speech at 1420 GMT, while Thomas Barkin and Neel Kashkari will speak at 1700 and 1800 GMT, respectively.

Reporting by Iain Gilbert at Sharecast.com

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