© Reuters.
By Oliver Gray
Investing.com - U.S. stock futures were trading lower during Sunday’s evening deals, after major benchmark averages closed out the previous week with significant losses as investors look ahead to fresh CPI data set for release later in the week.
By 6:35pm ET (11:35pm GMT) Dow Jones Futures fell 0.1%, S&P 500 Futures were down 0.2% and Nasdaq 100 Futures fell 0.3%.
Ahead in the week, market participants will be closely monitoring January’s CPI and PPI index, retail sales, industrial production, business inventories and permits, housing starts, Philadelphia Fed manufacturing index as well import and export prices. Investors will also be paying attention to speeches from Logan, Bowman, Williams, Harker, Bullard and Mester.
On the earnings front, major companies including Coca-Cola Co (NYSE:KO), Cisco Systems Inc (NASDAQ:CSCO), Paramount Group Inc (NYSE:PGRE) and Deere & Company (NYSE:DE) are set to report results throughout the week.
During Friday’s regular trade, the Dow Jones Industrial Average added 169.4 points or 0.5% to 33,869.3, the S&P 500 added 8.9 points or 0.2% to 4,090.5 and the NASDAQ Composite lost 71.5 points or 0.6% to 11,718.1. For the week, the Dow remained unchanged while the S&P 500 and Nasdaq lost 0.7% and 1.5% respectively.
On the bond markets, United States 10-Year rates were at 5-week highs of 3.742%.
