By Oliver Gray
Investing.com – U.S. stock futures retreated during Sunday’s evening deals, after major benchmark indices finished the week higher with investors looking ahead to company earnings reports and key inflation data.
by 7:00pm ET (11:00pm GMT) were down 0.2%, fell 0.3% and lost 0.4%.
Ahead in the week, market participants will be focusing on fresh data, with the inflation rate seen rising to 8.8%, the highest reading since December of 1981. Among other data releases, investors will be watching , , , , , , and prices and the .
Fresh corporate earnings will also be closely monitored with with PepsiCo Inc (NASDAQ:) and Delta Air Lines Inc (NYSE:) slated to report earnings Tuesday and Wednesday while JPMorgan Chase & Co (NYSE:), Morgan Stanley (NYSE:), Wells Fargo & Company (NYSE:) and Citigroup Inc (NYSE:) are set to report later in the week.
During Friday’s trading session, the fell 46.4 points or 0.2% to 31,338.2, the finished 3.3 points or 0.1% lower at 3,899.4 while the rose for a fifth consecutive session, adding 14 points or 0.1% to 11,635.3 For the week, the Dow added 1.4%, the S&P 500 lifted 2.7% and the NASDAQ gained 6.1%
On the bond markets, yields lifted to 3.08%.