Dow futures sharply lower after weak data

U.S. stock index futures were lower on Friday morning on the back of weaker-than-expected retail data. ET, Dow Jones Industrial Average futures fell 99, indicating a negative open of more than 115 points. Futures on the S&P and Nasdaq were also seen slightly lower. Trump is due to speak in the White House Rose Garden at 10 a.m. ET on what the White House called the “national security and humanitarian crisis on our southern border.”


U.S. stock index futures were lower on Friday morning on the back of weaker-than-expected retail data. ET, Dow Jones Industrial Average futures fell 99, indicating a negative open of more than 115 points. Futures on the S&P and Nasdaq were also seen slightly lower. Trump is due to speak in the White House Rose Garden at 10 a.m. ET on what the White House called the “national security and humanitarian crisis on our southern border.”
Dow futures sharply lower after weak data Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-15  Authors: silvia amaro
Keywords: news, cnbc, companies, wall, dow, weak, house, president, data, sharply, et, futures, trade, national, retail, morning, white, lower


Dow futures sharply lower after weak data

U.S. stock index futures were lower on Friday morning on the back of weaker-than-expected retail data.

At around 2:30 a.m. ET, Dow Jones Industrial Average futures fell 99, indicating a negative open of more than 115 points. Futures on the S&P and Nasdaq were also seen slightly lower.

On Thursday, U.S. retail sales data showed a contraction of 1.2 percent in December – the biggest monthly fall since September of 2009. As a result, Wall Street ended the day lower.

In the meantime, investors continue to follow news of U.S.-China trade talks. According to the South China Morning Post, Chinese President Xi Jinping will meet with U.S. delegates on Friday, including Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer.

Politics remains the focus after the White House said Thursday that President Trump is signing legislation that prevents a government shutdown, while also declaring a national emergency to try to build a wall on the border with Mexico.

Trump is due to speak in the White House Rose Garden at 10 a.m. ET on what the White House called the “national security and humanitarian crisis on our southern border.”

On the earnings front Allianz, Deere and PepsiCo are among the major companies expected to report their latest quarterly results before the opening bell.

There is also a raft of data due. There will be industrial production numbers out at 9.15 a.m. ET and consumer sentiment out at 10 a.m. ET.


Company: cnbc, Activity: cnbc, Date: 2019-02-15  Authors: silvia amaro
Keywords: news, cnbc, companies, wall, dow, weak, house, president, data, sharply, et, futures, trade, national, retail, morning, white, lower


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Futures point to a triple-digit gain for Dow on US-China trade optimism

U.S. stock index futures were higher Wednesday morning, with market participants hopeful that Chinese and U.S. trade authorities will reach an agreement. ET, Dow Jones Industrial Average futures rose 108 points, indicating a positive open of more than 112 points. Investors continue to follow news out of U.S.-China trade talks. The positive sentiment in equity markets is also linked to tentative deal on border security funding, which could prevent another government shutdown. President Trump said


U.S. stock index futures were higher Wednesday morning, with market participants hopeful that Chinese and U.S. trade authorities will reach an agreement. ET, Dow Jones Industrial Average futures rose 108 points, indicating a positive open of more than 112 points. Investors continue to follow news out of U.S.-China trade talks. The positive sentiment in equity markets is also linked to tentative deal on border security funding, which could prevent another government shutdown. President Trump said
Futures point to a triple-digit gain for Dow on US-China trade optimism Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-13  Authors: silvia amaro
Keywords: news, cnbc, companies, positive, futures, president, optimism, points, uschina, trump, trade, dow, et, gain, reach, market, point, tripledigit, open


Futures point to a triple-digit gain for Dow on US-China trade optimism

U.S. stock index futures were higher Wednesday morning, with market participants hopeful that Chinese and U.S. trade authorities will reach an agreement.

At around 2:18 a.m. ET, Dow Jones Industrial Average futures rose 108 points, indicating a positive open of more than 112 points. Futures on the S&P and Nasdaq were also seen slightly higher.

Investors continue to follow news out of U.S.-China trade talks. President Donald Trump suggested Tuesday that he might be open to postpone the current deadline of early March so that both sides can reach a deal. Failure to achieve an agreement would spark higher U.S. tariffs on Chinese goods.

The positive sentiment in equity markets is also linked to tentative deal on border security funding, which could prevent another government shutdown. President Trump said Tuesday he is not happy with this proposal but added he will be studying its details.

In corporate news, Teva Pharma and Cedar Fair are among the major companies expected to report their latest quarterly results before the opening bell. AIG, Cisco Systems and SVMK are all due to publish earnings after market close.

On the data front, there will be CPI numbers out at 8.30 a.m. ET time and the monthly federal budget will be out at 2 p.m. ET time.


Company: cnbc, Activity: cnbc, Date: 2019-02-13  Authors: silvia amaro
Keywords: news, cnbc, companies, positive, futures, president, optimism, points, uschina, trump, trade, dow, et, gain, reach, market, point, tripledigit, open


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Futures point to a triple-digit gain for the Dow after tentative deal to avoid government shutdown

U.S. stock index futures were higher Tuesday morning, with market participants hopeful a fresh set of trade talks could help to resolve a dispute between the world’s two largest economies. ET, Dow Jones Industrial Average futures rose 156 points, indicating a positive open of more than 143 points. Market focus is largely attuned to global trade developments, with the U.S. and China trying to hammer out a deal before an early March deadline. The trade dispute has already started to impact global


U.S. stock index futures were higher Tuesday morning, with market participants hopeful a fresh set of trade talks could help to resolve a dispute between the world’s two largest economies. ET, Dow Jones Industrial Average futures rose 156 points, indicating a positive open of more than 143 points. Market focus is largely attuned to global trade developments, with the U.S. and China trying to hammer out a deal before an early March deadline. The trade dispute has already started to impact global
Futures point to a triple-digit gain for the Dow after tentative deal to avoid government shutdown Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-12  Authors: sam meredith
Keywords: news, cnbc, companies, global, avoid, tripledigit, help, deal, point, dispute, trade, market, expected, futures, dow, points, index, et, shutdown, tentative, gain


Futures point to a triple-digit gain for the Dow after tentative deal to avoid government shutdown

U.S. stock index futures were higher Tuesday morning, with market participants hopeful a fresh set of trade talks could help to resolve a dispute between the world’s two largest economies.

At around 4:05 a.m. ET, Dow Jones Industrial Average futures rose 156 points, indicating a positive open of more than 143 points. Futures on the S&P 500 and Nasdaq Composite were also seen slightly higher.

Market focus is largely attuned to global trade developments, with the U.S. and China trying to hammer out a deal before an early March deadline.

Both sides expressed hopes the new round of negotiations, which began in Beijing on Monday, would bring them closer to a comprehensive trade agreement.

The trade dispute has already started to impact global growth, with investors worried a protracted dispute could soon severely hurt corporate earnings.

Meanwhile, market sentiment got a boost amid news U.S. lawmakers had secured a tentative deal on border security funding on Monday.

The drafted agreement — which congressional aides said did not contain funds for President Donald Trump’s border wall — could help to prevent another partial government shutdown due to begin from Saturday.

In corporate news, Nissan, Under Armour and Shopify are among the major companies expected to report their latest quarterly results before the opening bell. Occidental Petroleum, Activision Blizzard and TripAdvisor are all due to publish earnings after market close.

On the data front, the NFIB Small Business Optimism Index for January is expected to be released at around 6:00 a.m. ET. Job Openings and Labor Turnover Survey (JOLTS) figures for December will be published later in the session.


Company: cnbc, Activity: cnbc, Date: 2019-02-12  Authors: sam meredith
Keywords: news, cnbc, companies, global, avoid, tripledigit, help, deal, point, dispute, trade, market, expected, futures, dow, points, index, et, shutdown, tentative, gain


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Dow futures point to a lower open as trade, political concerns linger

U.S. stock index futures were lower Monday morning, as investors monitored trade talks and political developments. ET, Dow futures slipped 31 points, indicating a negative open of more than 32 points. On Friday, Wall Street closed lower on the back of concerns over the ongoing trade war and slower economic growth concerns. Everest Re, FMC Corporation and Livent Corporation are among those scheduled to publish results after market close. There are no major economic reports scheduled on Monday.


U.S. stock index futures were lower Monday morning, as investors monitored trade talks and political developments. ET, Dow futures slipped 31 points, indicating a negative open of more than 32 points. On Friday, Wall Street closed lower on the back of concerns over the ongoing trade war and slower economic growth concerns. Everest Re, FMC Corporation and Livent Corporation are among those scheduled to publish results after market close. There are no major economic reports scheduled on Monday.
Dow futures point to a lower open as trade, political concerns linger Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-11  Authors: silvia amaro
Keywords: news, cnbc, companies, scheduled, trade, point, concerns, democrats, political, corporation, linger, futures, reports, dow, points, economic, open, lower


Dow futures point to a lower open as trade, political concerns linger

U.S. stock index futures were lower Monday morning, as investors monitored trade talks and political developments.

At around 1:45 a.m. ET, Dow futures slipped 31 points, indicating a negative open of more than 32 points. Futures on the S&P and Nasdaq were also seen relatively downbeat.

On Friday, Wall Street closed lower on the back of concerns over the ongoing trade war and slower economic growth concerns. The sentiment has continued onto Monday, ahead of further trade meetings between the U.S. and the Chinese administrations later this week. Time is running out ahead of the self-imposed deadlines of March 2. Failure to reach an agreement will raise U.S. tariffs on $200 billion worth of Chinese to 25 percent from 10 percent.

There is also a growing focus on a potential second government shutdown, given that Democrats and Republicans remain at odds over border policy. President Donald Trump tweeted this weekend “I actually believe they (Democrats) want a shutdown.”

Meanwhile, traders will monitor further earnings reports. Restaurant Brands International, CNA Financial Corporation and Kemper are among those expected to report their latest quarterly figures before the opening bell.

Everest Re, FMC Corporation and Livent Corporation are among those scheduled to publish results after market close.

There are no major economic reports scheduled on Monday.


Company: cnbc, Activity: cnbc, Date: 2019-02-11  Authors: silvia amaro
Keywords: news, cnbc, companies, scheduled, trade, point, concerns, democrats, political, corporation, linger, futures, reports, dow, points, economic, open, lower


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Dow futures fall more than 100 points amid concerns over trade, growth

U.S. stock index futures were lower Friday morning, with market participants increasingly worried about a broadening global economic slowdown. ET, Dow Jones Industrial Average futures slipped 103 points, indicating a negative open of more than 108 points. Trump’s stance rattled investors hoping for a positive resolution to a long-running trade dispute between the world’s two largest economies. Elsewhere, the European Commission on Thursday sharply downgraded its forecast for euro zone economic g


U.S. stock index futures were lower Friday morning, with market participants increasingly worried about a broadening global economic slowdown. ET, Dow Jones Industrial Average futures slipped 103 points, indicating a negative open of more than 108 points. Trump’s stance rattled investors hoping for a positive resolution to a long-running trade dispute between the world’s two largest economies. Elsewhere, the European Commission on Thursday sharply downgraded its forecast for euro zone economic g
Dow futures fall more than 100 points amid concerns over trade, growth Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-08  Authors: sam meredith
Keywords: news, cnbc, companies, amid, economic, global, futures, trump, fall, xi, kim, growth, trade, points, dow, president, 100, meet, concerns


Dow futures fall more than 100 points amid concerns over trade, growth

U.S. stock index futures were lower Friday morning, with market participants increasingly worried about a broadening global economic slowdown.

At around 3:05 a.m. ET, Dow Jones Industrial Average futures slipped 103 points, indicating a negative open of more than 108 points. Futures on the S&P 500 and Nasdaq Composite were also seen relatively downbeat.

Market focus is largely attuned to global trade developments, after President Donald Trump said he did not plan to meet with Chinese President Xi Jinping before a March 1 deadline to reach a deal.

Trump’s stance rattled investors hoping for a positive resolution to a long-running trade dispute between the world’s two largest economies.

While Trump and Xi are still expected to meet eventually, there’s too much work to do to flesh out a deal with China and prepare Trump for a high-stakes meeting with North Korea’s Kim Jong Un. Trump’s summit with Kim is set for Feb. 27-28.

Elsewhere, the European Commission on Thursday sharply downgraded its forecast for euro zone economic growth in 2019 and 2020. The news exacerbated fears that a global economic downturn is spreading to Europe.

Back in the U.S., investors are likely to monitor another fresh batch of corporate results on Friday. Arconic, Hasbro and Philips 66 are all expected to publish their latest quarterly earnings before the opening bell.

There are no major economic reports scheduled on Friday.


Company: cnbc, Activity: cnbc, Date: 2019-02-08  Authors: sam meredith
Keywords: news, cnbc, companies, amid, economic, global, futures, trump, fall, xi, kim, growth, trade, points, dow, president, 100, meet, concerns


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Dow drops more than 350 points as sources tell CNBC Trump-Xi meeting unlikely before deadline

The Dow Jones Industrial Average dropped 373 points, while the S&P 500 and Nasdaq Composite both fell more than 1.5 percent. CNBC learned through a source that a meeting between the two leaders was “highly unlikely.” These companies’ stocks are seen as bellwethers for global trade given their exposure to overseas markets. The European Commission slashed its growth outlook for the euro zone this year as it expects the bloc’s largest economies to be held back by global trade tensions, among other


The Dow Jones Industrial Average dropped 373 points, while the S&P 500 and Nasdaq Composite both fell more than 1.5 percent. CNBC learned through a source that a meeting between the two leaders was “highly unlikely.” These companies’ stocks are seen as bellwethers for global trade given their exposure to overseas markets. The European Commission slashed its growth outlook for the euro zone this year as it expects the bloc’s largest economies to be held back by global trade tensions, among other
Dow drops more than 350 points as sources tell CNBC Trump-Xi meeting unlikely before deadline Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-07  Authors: fred imbert
Keywords: news, cnbc, companies, dow, growth, drops, trumpxi, deadline, president, trump, kudlow, sources, points, outlook, fell, reported, unlikely, trade, meeting, tell, global


Dow drops more than 350 points as sources tell CNBC Trump-Xi meeting unlikely before deadline

Why this trader technician says the market could be flashing a sell signal 4 Hours Ago | 05:21

Stocks fell sharply on Thursday after CNBC reported that a meeting between President Donald Trump and Chinese President Xi Jinping is unlikely before a key March deadline.

The Dow Jones Industrial Average dropped 373 points, while the S&P 500 and Nasdaq Composite both fell more than 1.5 percent. The major averages fell to their lows of the day on the news.

CNBC learned through a source that a meeting between the two leaders was “highly unlikely.” China and the U.S. have until the start of March to strike a trade deal. Otherwise, additional tariffs on Chinese goods take effect. The source said a meeting between Xi and Trump could happen shortly after the deadline passes, but noted both sides have too much work ahead of them.

Earlier on Thursday, White House economic advisor Larry Kudlow said China and the U.S. were still far away on striking a trade deal. “We’ve got a pretty sizable distance to go here,” Kudlow told Fox Business, referring to the ongoing trade talks between the two largest world economies. Kudlow added President Donald Trump is “optimistic with respect to a potential trade deal.”

“The keystone in the wall of worry is the trade discord,” said Sam Stovall, chief investment strategist at CFRA Research. “Should the negotiations crumble so too will near term support for equity prices.”

Shares of Caterpillar and Deere fell 2 percent and 1.8 percent, respectively. Boeing also dropped about 1 percent. These companies’ stocks are seen as bellwethers for global trade given their exposure to overseas markets.

The market was already on edge as worries about the global economy were rekindled. The European Commission slashed its growth outlook for the euro zone this year as it expects the bloc’s largest economies to be held back by global trade tensions, among other issues. The Commission said euro zone growth will slow to 1.3 percent this year from 1.9 percent in 2018, before rebounding in 2020 to 1.6 percent.

That growth outlook sparked worries that the global economy could be slowing down. Similar fears contributed to the market’s sharp downturn in December. That decline briefly sent the S&P 500 into bear-market territory on an intraday basis.

The Bank of England also cut its 2019 outlook and sees the UK economy growing at its slowest pace since 2009.

Thursday’s decline comes as the corporate earnings season continues. Twitter reported quarterly earnings that beat analyst expectations on Thursday. However, shares of the social media company fell 10.6 percent as Twitter also issued light guidance. Fiat Chrysler and Cardinal Health are also among the companies that reported better-than-expected earnings.


Company: cnbc, Activity: cnbc, Date: 2019-02-07  Authors: fred imbert
Keywords: news, cnbc, companies, dow, growth, drops, trumpxi, deadline, president, trump, kudlow, sources, points, outlook, fell, reported, unlikely, trade, meeting, tell, global


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Dow futures point lower after Trump’s State of the Union address

U.S. stock index futures traded lower in the premarket Wednesday morning after President Donald Trump delivered his second State of the Union address. Markets focusedon Trump’s address Tuesday as he vowed to build a wall that’s the source of a deep partisan divide. The Federal Reserve’s Jerome Powell is scheduled to speak in Washington, D.C., on Wednesday evening. Meanwhile, the Federal Reserve’s vice chairman for supervision is also expected to speak shortly after the closing bell. Randal Quarl


U.S. stock index futures traded lower in the premarket Wednesday morning after President Donald Trump delivered his second State of the Union address. Markets focusedon Trump’s address Tuesday as he vowed to build a wall that’s the source of a deep partisan divide. The Federal Reserve’s Jerome Powell is scheduled to speak in Washington, D.C., on Wednesday evening. Meanwhile, the Federal Reserve’s vice chairman for supervision is also expected to speak shortly after the closing bell. Randal Quarl
Dow futures point lower after Trump’s State of the Union address Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-06  Authors: spriha srivastava
Keywords: news, cnbc, companies, point, federal, report, expected, trumps, remarks, union, lower, dow, address, speak, deliver, york, reserves, state, futures


Dow futures point lower after Trump's State of the Union address

U.S. stock index futures traded lower in the premarket Wednesday morning after President Donald Trump delivered his second State of the Union address.

At around 6 a.m. ET, Dow futures indicated a negative open of more than 70 points. Futures for both the S&P 500 and the Nasdaq were also trading lower.

Markets focusedon Trump’s address Tuesday as he vowed to build a wall that’s the source of a deep partisan divide. Democrats did not yield to Trump’s demand to fund the barrier, leading to a 35-day partial government shutdown during December and January.

On the data front, Wednesday will see U.S. trade deficit figures, productivity data and unit labor costs at 8:30 a.m. ET.

Investors will also focus on a slew of corporate earnings. General Motors, GlaxoSmithKline, Softbank, Toyota, Spotify, and New York Times Co. are set to report before the bell. Chipotle Mexican Grill, FireEye, NewMarket, and Sonos are among the companies expected to report after the bell.

The Federal Reserve’s Jerome Powell is scheduled to speak in Washington, D.C., on Wednesday evening. The U.S. central bank chairman is expected to deliver opening remarks and answer questions on monetary policy at a town hall meeting with teachers.

Meanwhile, the Federal Reserve’s vice chairman for supervision is also expected to speak shortly after the closing bell. Randal Quarles, who oversees the nation’s banking industry, is poised to deliver remarks on stress testing at a reception in New York.


Company: cnbc, Activity: cnbc, Date: 2019-02-06  Authors: spriha srivastava
Keywords: news, cnbc, companies, point, federal, report, expected, trumps, remarks, union, lower, dow, address, speak, deliver, york, reserves, state, futures


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Dow rises 150 points as earnings season continues

Nearly half of S&P 500 companies have reported earnings so far, with about 70 percent of those companies topping analyst expectations, according to The Earnings Scout. “However, the beat rates are running below last quarter as the overall year-over-year rates of sales and earnings growth has decelerated,” said Nick Raich, CEO of The Earnings Scout, in a note to clients. “Most importantly, 1Q 2019 through 3Q 2019 S&P 500 EPS growth expectations continue to go lower with some providers already sho


Nearly half of S&P 500 companies have reported earnings so far, with about 70 percent of those companies topping analyst expectations, according to The Earnings Scout. “However, the beat rates are running below last quarter as the overall year-over-year rates of sales and earnings growth has decelerated,” said Nick Raich, CEO of The Earnings Scout, in a note to clients. “Most importantly, 1Q 2019 through 3Q 2019 S&P 500 EPS growth expectations continue to go lower with some providers already sho
Dow rises 150 points as earnings season continues Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-05  Authors: fred imbert, johannes eisele, afp, getty images
Keywords: news, cnbc, companies, 2019, report, earnings, continues, companies, 150, raich, quarter, dow, rates, negative, note, sp, points, rises, season


Dow rises 150 points as earnings season continues

Nearly half of S&P 500 companies have reported earnings so far, with about 70 percent of those companies topping analyst expectations, according to The Earnings Scout.

“However, the beat rates are running below last quarter as the overall year-over-year rates of sales and earnings growth has decelerated,” said Nick Raich, CEO of The Earnings Scout, in a note to clients. “Most importantly, 1Q 2019 through 3Q 2019 S&P 500 EPS growth expectations continue to go lower with some providers already showing negative growth.”

FactSet data show that corporate earnings for the first quarter are expected to decline by 0.8 percent. Raich said, however, he expects earnings to continue growing in the first half of 2019. He added the negative estimates are mostly a byproduct of “low-balled estimates.”

Disney, Electronic Arts, Snap and Spirit Airlines are among the companies scheduled to report after the bell Tuesday.

Wall Street also looked ahead to the State of the Union, which comes more than a week after the longest government shutdown in U.S. history came to an end. Investors should be looking for clues on a number of matters, including U.S.-China trade talks

“We expect an optimistic tone on President Trump’s desire to strike a deal, but we remain cautious that these headlines are likely to whip around during any verification or enforcement phase,” Ed Mills, public policy analyst at Raymond James, wrote in a note to clients.

—CNBC’s Silvia Amaro contributed to this report.


Company: cnbc, Activity: cnbc, Date: 2019-02-05  Authors: fred imbert, johannes eisele, afp, getty images
Keywords: news, cnbc, companies, 2019, report, earnings, continues, companies, 150, raich, quarter, dow, rates, negative, note, sp, points, rises, season


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Dow futures seen slightly lower; Alphabet set to report earnings

U.S. stock index futures were slightly lower Monday morning, as market participants awaited another batch of quarterly corporate results. ET, Dow Jones Industrial Average futures slipped 15 points, indicating a negative open of more than 36 points. A U.S. Labor Department report on Friday showed nonfarm payrolls jumped by 304,000 last month — the largest gain since February 2018. In corporate news, Alexion Pharma, Clorox and Sysco are among the major companies scheduled to report their latest re


U.S. stock index futures were slightly lower Monday morning, as market participants awaited another batch of quarterly corporate results. ET, Dow Jones Industrial Average futures slipped 15 points, indicating a negative open of more than 36 points. A U.S. Labor Department report on Friday showed nonfarm payrolls jumped by 304,000 last month — the largest gain since February 2018. In corporate news, Alexion Pharma, Clorox and Sysco are among the major companies scheduled to report their latest re
Dow futures seen slightly lower; Alphabet set to report earnings Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-04  Authors: sam meredith
Keywords: news, cnbc, companies, figures, slightly, dow, latest, alphabet, lower, set, corporate, earnings, index, largest, seen, week, markets, futures, points, report


Dow futures seen slightly lower; Alphabet set to report earnings

U.S. stock index futures were slightly lower Monday morning, as market participants awaited another batch of quarterly corporate results.

At around 3:00 a.m. ET, Dow Jones Industrial Average futures slipped 15 points, indicating a negative open of more than 36 points. Futures of the S&P and Nasdaq were also seen relatively downbeat.

The moves in pre-market trade come after a surge in optimism on Wall Street at the end of last week. A U.S. Labor Department report on Friday showed nonfarm payrolls jumped by 304,000 last month — the largest gain since February 2018.

The jobs report, along with better-than-expected manufacturing figures, pointed to underlying strength in the world’s largest economy.

Trading was subdued on Monday, with many regional markets in Asia closed for the Lunar New Year. China’s financial markets are closed all week, with South Korea’s index set to reopen on Thursday.

On the data front, investors are likely to monitor factory orders figures for November at around 10:00 a.m. ET.

In corporate news, Alexion Pharma, Clorox and Sysco are among the major companies scheduled to report their latest results before the opening bell. Alphabet, Gilead Sciences and Seagate Technology are all expected to publish their latest figures after the bell.


Company: cnbc, Activity: cnbc, Date: 2019-02-04  Authors: sam meredith
Keywords: news, cnbc, companies, figures, slightly, dow, latest, alphabet, lower, set, corporate, earnings, index, largest, seen, week, markets, futures, points, report


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Dow futures point to a higher open as investors await the closely watched jobs report

U.S. stock index futures pointed to a mixed open on Friday, as investors await the release of the closely watched monthly nonfarm payrolls report. ET, Dow Jones Industrial Average futures indicated a gain of 41.33 points at the open. S&P 500 futures pointed to a flat open while Nasdaq 100 futures indicated a lower open. The report comes after data released Wednesday by ADP and Moody’s Analytics showed private payrolls increased by 213,000 jobs last month. Money managers are also keeping an eye o


U.S. stock index futures pointed to a mixed open on Friday, as investors await the release of the closely watched monthly nonfarm payrolls report. ET, Dow Jones Industrial Average futures indicated a gain of 41.33 points at the open. S&P 500 futures pointed to a flat open while Nasdaq 100 futures indicated a lower open. The report comes after data released Wednesday by ADP and Moody’s Analytics showed private payrolls increased by 213,000 jobs last month. Money managers are also keeping an eye o
Dow futures point to a higher open as investors await the closely watched jobs report Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-01  Authors: fred imbert, silvia amaro
Keywords: news, cnbc, companies, open, talks, report, street, higher, merck, revenue, earnings, watched, investors, amazon, dow, closely, trade, jobs, futures, point


Dow futures point to a higher open as investors await the closely watched jobs report

U.S. stock index futures pointed to a mixed open on Friday, as investors await the release of the closely watched monthly nonfarm payrolls report.

As of 6:58 a.m. ET, Dow Jones Industrial Average futures indicated a gain of 41.33 points at the open. S&P 500 futures pointed to a flat open while Nasdaq 100 futures indicated a lower open.

Economists polled by Refinitiv expect the U.S. economy to have added 170,000 jobs in January. The report comes after data released Wednesday by ADP and Moody’s Analytics showed private payrolls increased by 213,000 jobs last month. Investors will be watching Friday’s jobs report for clues about the state of the U.S. economy.

Wall Street also digested key earnings from companies like Amazon and Merck. On Thursday, Amazon reported better-than-expected earnings and revenue for the fourth quarter. However, the company issued weaker-than-expected revenue guidance for the first quarter and warned about increasing investments. These concerns pushed Amazon shares down by 4.3 percent. Merck, meanwhile, posted a better-than-expected profit and revenue, but its shares fell 0.6 percent before the bell.

Exxon Mobil, Chevron, and Merck will be out with quarterly earnings this morning, along with Honeywell, Illinois Tool Works, Johnson Controls, and KKR.

Money managers are also keeping an eye on trade talks between China and the United States. Both negotiating teams have said they made “important progress.” President Donald Trump also said he would soon meet with Chinese premier Xi Jinping to try to reach a comprehensive trade deal. Stocks had taken heart from the possibility of top-level trade talks over the coming weeks, but the upbeat mood soon cooled when the White House insisted it sees March 1 as a hard deadline for a deal.

Earlier on Friday, a survey showed Chinese factory activity falling to its lowest level since February 2016. The downbeat data exacerbated fears of an economic slowdown.

The moves Friday come after Wall Street posted its biggest January gain since 1987 in the previous session. Strong earnings and an indication from the Federal Reserve that it will pause rate hikes boosted investor confidence. The S&P 550 ended January up more than 7 percent.

—CNBC’s Sam Meredith contributed to this article.


Company: cnbc, Activity: cnbc, Date: 2019-02-01  Authors: fred imbert, silvia amaro
Keywords: news, cnbc, companies, open, talks, report, street, higher, merck, revenue, earnings, watched, investors, amazon, dow, closely, trade, jobs, futures, point


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