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Dow futures tick lower after first positive week in four

By Oliver Gray 

Investing.com - U.S. stock futures were trading slightly lower during Sunday's evening deals, after major benchmark averages finished the week in positive territory as growth stocks out-performed while long term bond yields spiked to 4-month highs.

By 18:20 ET (23:20 GMT) Dow Jones futures, S&P 500 futures, and Nasdaq 100 futures were each 0.1% lower.

In the week ahead, investors will be looking towards factory orders, two speeches from Fed Chair Powell, ADP employment change, trade balance, JOLTs job openings, average hourly earnings, nonfarm payrolls, unemployment rate, and a speech from the Fed's Barr.

During Friday's trade, the Dow Jones Industrial Average added 387.4 points or 1.2% to 33,391, the S&P 500 lifted 64.3 points or 1.6% to 4,045.7, and the Nasdaq Composite gained 226 points or 2% to 11,689.

On the bond markets, United States 10-Year rates were at 3.956%.

 

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.