Traders attention turns to corporate earnings after stocks' recent rally off lows. U.S. stock futures traded lower.
How are stock-index futures trading On Friday, the Dow Jones Industrial Average DJIA fell 46 points, or 0.15%, to 31338, the S&P 500 SPX declined 3 points, or 0.08%, to 3899, while the Nasdaq Composite COMP gained 14 points, or 0.12%, to 11635.
What’s driving markets Investors started the week in a downbeat mood as a fresh flare up of China COVID-19 concerns added to the angst about prospects for the global economy. The U.S. second quarter earnings season kicks into gear on Thursday — with JPMorgan JPM leading the way for the banking sector — and investors will now be keen to see just how much rising prices have impacted corporate profitability.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China reports 420 new COVID cases for July 9 vs 455 a day earlierChina reported 420 new COVID-19 infections on July 9, down from 455 a day earlier, according to data published by the National Health Commission on Sunday.
Read more »
Judge throws out Missouri AG’s COVID-19 suit against ChinaThe complaint filed in April 2020 alleges that Chinese officials are “responsible for the enormous death, suffering, and economic losses they inflicted on the world, including Missourians.”
Read more »
Oil falls on recession jitters, China COVID curbsOil prices fell around $1 on Monday in volatile trade, reversing some gains from the previous session, as worries about a recession and China's COVID-19 curbs hitting demand outweighed ongoing concerns about tight supply.
Read more »
A Politically Bipartisan C-Suite May Benefit a Company’s Stock PriceA study finds that when a company’s leadership becomes less politically diverse, the stock suffers.
Read more »
The Stock Market Faces Next Test as Inflation Looms Over Earnings SeasonInvestors expect concerns about hot inflation and strapped consumers to dominate the corporate-earnings season that kicks off this week
Read more »
Twitter fallout, inflation data, Alphabet stock split, bank earnings top week aheadTwitter, Alphabet and a fresh batch of inflation data top the week ahead on Wall Street.
Read more »