Dow futures trade flat, Powell’s speech in focus

  • Investing.com
  • Stock Market News
Dow futures trade flat, Powell’s speech in focus
Credit: © Reuters.

By Oliver Gray 

Investing.com - U.S. stock futures were trading flat during Tuesday’s evening deals following a mixed regular session as market participants await a key speech from Federal Reserve Chair Jerome Powell for further clues into the path of future rate hikes.

By 18:25 ET (23:25 GMT) Dow Jones Futures and S&P 500 Futures were steady while Nasdaq 100 Futures eased 0.1%.

In extended deals, Hewlett Packard Enterprise Co (NYSE: HPE ) reported Q4 EPS of 57 cents, in line with expectations, on revenue of $7.87 billion versus $7.4B expected.

Ahead in Wednesday’s session, investors will be focusing on ADP private payrolls , JOLTS Job Openings and pending home sales data, as well as the Federal Reserve’s Beige Book .

On the earnings front, results from Petco Health and Wellness Company Inc (NASDAQ: WOOF ), Salesforce Inc (NYSE: CRM ) and Five Below Inc (NASDAQ: FIVE ) will be closely monitored.

During Tuesday’s regular trade, the Dow Jones Industrial Average finished little changed at 33,852.5, the the S&P 500 fell 6.3 points or 0.2% to 3,957.6,and the NASDAQ Composite dipped 65.7 points or 0.6% to 10,983.8.

On the bond markets, United States 10-Year rates were at 3.75%.

 
 

Add Chart to Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100
Please try another search

Related Articles