© Reuters.
By Oliver Gray
Investing.com – U.S. stock futures fell during Sunday’s evening trade, after major benchmark averages finished the week mixed as better than expected economic data boosted expectations of higher interest rates from Federal Reserve officials, while market participants remain focused on a busy week of earnings results.
By 6:35pm ET (11:35pm GMT) were down 0.2%, fell 0.3% and lost 0.4%.
In the week ahead, traders will remain focused on a slew of earnings results from companies including Activision Blizzard Inc (NASDAQ:), Take-Two Interactive Software Inc (NASDAQ:), BP PLC ADR (NYSE:), Chipotle Mexican Grill Inc (NYSE:), Walt Disney Company (NYSE:), CVS Health Corp (NYSE:), Uber Technologies Inc (NYSE:), PayPal Holdings Inc (NASDAQ:), PepsiCo Inc (NASDAQ:), and Philip Morris International Inc (NYSE:).
On the economic calendar, closely watched events will include December’s , , and Michigan’s consumer and surveys. In addition, speeches from the Fed’s and as well as FOMC member will also be monitored for clues into the future path of interest rates.
During Friday’s regular session, the fell 127.9 points or 0.4% to 33,926, the lost 43.3 points or 1% to 4,136.5 and the dipped 193.9 points or 1.6% to 12,007. For the week, the Dow lost 0.1%, The S&P 500 added 2.2% to fresh 6-month highs and the Nasdaq rallied 4.3% to finish at 5-month highs.
On the bond markets, rates were at 3.519%.