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IPFS News Link • Stock Market

Dow Futures Recoil Ahead of 'Brutal' Earnings Week, North Korea Wildcard

• https://www.ccn.com by Sam Bourgi

Dow Jones futures traded within a 215-point range Sunday night.

Markets are bracing for an ugly earnings week, with the likes of Alphabet, Apple, and Tesla reporting how badly Covid-19 impacted their business.

So far, the blended earnings decline for the S&P 500 is far worse than expected.

Futures on the Dow and broader U.S. stock market traded mixed Sunday night, as investors stayed on the sidelines ahead of what's expected to be an ugly earning week for Wall Street.

Dow, S&P 500, Nasdaq Futures Under Pressure

Futures on all three major U.S. indexes were under pressure Sunday night, reflecting an uneasy mood in global markets. Dow Jones contracts were off by as much as 123 points before paring losses later in the evening. The contract was last down 35 points, or 0.2%, at 23,623.00.


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