© Reuters.

By Oliver Gray 

Investing.com – U.S. stock futures were trading lower during Sunday’s evening deals, following a negative finish for major benchmark averages in the previous week as market participants remain nervous on the prospects of an economic downturn, with U.S. markets set to remain closed on Monday for a public holiday.

By 7:00pm ET (11:00pm GMT) and fell 0.2% apiece while eased 0.1%.

Ahead in the week, investors will be closely monitoring Friday’s , which is expected to show the smallest addition of jobs since April last year, while the is expected to come in at 3.6%.

Meantime, and appearances from several Fed officials will be in the spotlight as investors attempt to gauge the size of the Fed’s next rate hike, while , , , and data will also be watched closely throughout the week.

Stocks in the past week were sharply lower as the fell 1.4%, the dipped 2.5% and the shed 4.6%.

On the bond markets, yields fell to 2.889% amid rising recession expectations.

Source link


Please enter your comment!
Please enter your name here