Stock Market Set to Open for Slightly Higher Monday – Barron’s - The Tech Business and Investing News

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Sunday, July 11, 2021

Stock Market Set to Open for Slightly Higher Monday – Barron’s

The New York Stock Exchange in lower Manhattan, where markets are set to open slightly higher on Monday. (Photo by Spencer Platt/Getty Images)

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Here’s what you need to know to navigate the markets today.

• U.S. stocks are set to open Monday slightly up. On Sunday night, Dow Jones Industrial Average futures had gained 18 points, or 0.05%, while the S&P 500 futures gained 0.08% and Nasdaq Composite futures gained 0.15%. This week’s earnings include: JPMorgan Chase, Goldman Sachs and PepsiCo on Tuesday; BlackRock, Bank of America, Wells Fargo, Citigroup and Delta Air Lines on Wednesday; and Taiwan Semiconductor Manufacturing, UnitedHealth Group, and Morgan Stanley on Thursday; and Kansas City Southern and Ericsson on Friday. Notable economic events this week include: on Tuesday, the National Federation of Independent Business reports its Small Business Optimism Index for June. The Bureau of Labor Statistics releases its consumer price index for June on Tuesday and its producer price index for June on Wednesday. The Federal Reserve releases its latest beige book on Wednesday. On Friday, the Census Bureau releases its retail sales data for June and the University of Michigan reports its Consumer Sentiment index for July.


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