Stock futures dipped slightly on Monday evening, following a public holiday, as investors turned their attention to upcoming speeches from Federal Reserve officials and quarterly earnings reports. By 6:20pm ET (10:20pm GMT), Dow Jones Futures were down 0.3%, while S&P 500 Futures and Nasdaq 100 Futures saw losses of 0.2% each.
Looking ahead to Tuesday’s trading session, market participants will closely monitor preliminary building permits, housing starts, and speeches from Federal Open Market Committee (FOMC) members Bullard and Williams. Additionally, notable companies such as FedEx Corporation (NYSE:FDX), Korn Ferry (NYSE:KFY), and La-Z-Boy Incorporated (NYSE:LZB) are expected to release their quarterly financial results.
In the bond markets, the yield on the United States 10-Year Treasury stood at 3.822%.
This week, investors will likely keep a close eye on the developments in both the economic indicators and corporate earnings reports, as they seek insights into the state of the market and potential impacts on their investment strategies.
