{"id":40084,"date":"2023-07-25T04:07:49","date_gmt":"2023-07-25T08:07:49","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/dow-futures-higher-earnings-and-fed-decision-in-focus\/"},"modified":"2023-07-25T04:07:51","modified_gmt":"2023-07-25T08:07:51","slug":"dow-futures-higher-earnings-and-fed-decision-in-focus","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=40084","title":{"rendered":"Dow futures higher; earnings and Fed decision in focus"},"content":{"rendered":"
\n
\n

\u00a9 Reuters <\/span>
\n<\/i>\n<\/div>\n

Investing.com — U.S. stock futures edged higher Monday, at the start of a week that includes a crucial Federal Reserve policy-setting meeting as well as a number of key earnings reports.<\/p>\n

By 06:40 ET (10:40 GMT), the contract was up 70 points, or 0.2%, traded 12 points, or 0.3%, higher and climbed 45 points, or 0.3%.<\/p>\n

The benchmark indices on Wall Street closed in a mixed fashion Friday, with the blue chip closing just higher for its tenth straight positive close and longest streak of increases since 2017.<\/p>\n

The broad-based also posted small gains, but the tech-heavy closed 0.2% lower, after poorly received results during the week from streaming giant Netflix (NASDAQ:) and EV manufacturer Tesla (NASDAQ:).<\/p>\n

Earnings season kicks into top gear<\/strong><\/h2>\n

Helping the generally positive tone has been a largely beneficial earnings season to date, but the quarter kicks into top gear this week with around 40% of the DJIA and 30% of the S&P 500 set to give their financial updates.<\/p>\n

This includes tech giants Alphabet (NASDAQ:), Microsoft (NASDAQ:) and Meta Platforms (NASDAQ:), although the slate is relatively quiet on Monday, with the focus on the likes of home appliances manufacturer Whirlpool (NYSE:), NXP Semiconductors <\/span><\/span> (NASDAQ:) and pizza chain Domino\u2019s (NYSE:).<\/p>\n

Additionally, toymaker Mattel (NASDAQ:) is set to receive a boost from the strong showing of the “Barbie” movie, which recorded the biggest domestic debut of 2023.<\/p>\n

Fed meeting key in determining sentiment<\/strong><\/h2>\n

Also of crucial importance this week, the is widely expected to raise borrowing costs by another 25 basis points on Wednesday, which may be the final rate hike of its most aggressive monetary policy tightening cycle in decades.<\/p>\n

This thesis has helped buoy stocks in recent weeks, and any indication coming out of the meeting that the policymakers have been discussing further hikes could weigh heavily on Wall Street.<\/p>\n

The U.S. economic data slate centers around the latest S&P Global activity data for July, with the flash expected to fall to 54.0 from 54.4 in June and the flash seen rising to 46.4 in July from 46.3.<\/p>\n

Crude market pushes higher<\/strong> <\/h2>\n

Oil prices rose Monday, continuing the recent gains ahead of this week\u2019s rate-setting meetings from U.S. and European central banks.<\/p>\n

By 06:40 ET, the futures traded 0.6% higher at $77.53 a barrel, while the contract climbed 0.5% to $81.27. <\/p>\n

The benchmarks rose 1.5% and 2.2% respectively last week, their fourth consecutive positive week, as the prospect of tighter supplies\u2013additional production cuts by Saudi Arabia and Russia are set to start in August\u2013resulted in prices climbing to their highest levels in nearly three months.<\/p>\n

Additionally, traded flat at $1,966.60\/oz, while traded 0.3% lower at 1.1090.<\/p>\n

(Oliver Gray contributed to this item.)<\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a9 Reuters Investing.com — U.S. stock futures edged higher Monday, at the start of a week that includes a crucial Federal Reserve policy-setting meeting as well as a number of key earnings reports. By 06:40 ET (10:40 GMT), the contract was up 70 points, or 0.2%, traded 12 points, or 0.3%, higher and climbed 45 […]<\/p>\n","protected":false},"author":1,"featured_media":33163,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-40084","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"\nDow futures higher; earnings and Fed decision in focus | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters Investing.com -- U.S. stock futures edged higher Monday, at the start of a week that includes a crucial Federal Reserve policy-setting meeting\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=40084\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dow futures higher; earnings and Fed decision in focus | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"\u00a9 Reuters Investing.com -- U.S. stock futures edged higher Monday, at the start of a week that includes a crucial Federal Reserve policy-setting meeting\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=40084\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-25T08:07:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-25T08:07:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/07\/moved_LYNXMPEHAF0BH_L.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"533\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=40084#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=40084\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Dow futures higher; earnings and Fed decision in focus\",\"datePublished\":\"2023-07-25T08:07:49+00:00\",\"dateModified\":\"2023-07-25T08:07:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=40084\"},\"wordCount\":446,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=40084#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=40084\",\"url\":\"https:\/\/ifintechworld.com\/?p=40084\",\"name\":\"Dow futures higher; earnings and Fed decision in focus | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-07-25T08:07:49+00:00\",\"dateModified\":\"2023-07-25T08:07:51+00:00\",\"description\":\"\u00a9 Reuters Investing.com -- U.S. stock futures edged higher Monday, at the start of a week that includes a crucial Federal Reserve policy-setting meeting\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=40084#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=40084\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=40084#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Dow futures higher; earnings and Fed decision in focus\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Dow futures higher; earnings and Fed decision in focus | iFintechWorld","description":"\u00a9 Reuters Investing.com -- U.S. stock futures edged higher Monday, at the start of a week that includes a crucial Federal Reserve policy-setting meeting","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=40084","og_locale":"en_US","og_type":"article","og_title":"Dow futures higher; earnings and Fed decision in focus | iFintechWorld","og_description":"\u00a9 Reuters Investing.com -- U.S. stock futures edged higher Monday, at the start of a week that includes a crucial Federal Reserve policy-setting meeting","og_url":"https:\/\/ifintechworld.com\/?p=40084","og_site_name":"iFintechWorld","article_published_time":"2023-07-25T08:07:49+00:00","article_modified_time":"2023-07-25T08:07:51+00:00","og_image":[{"width":800,"height":533,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/07\/moved_LYNXMPEHAF0BH_L.jpg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=40084#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=40084"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"Dow futures higher; earnings and Fed decision in focus","datePublished":"2023-07-25T08:07:49+00:00","dateModified":"2023-07-25T08:07:51+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=40084"},"wordCount":446,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=40084#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=40084","url":"https:\/\/ifintechworld.com\/?p=40084","name":"Dow futures higher; earnings and Fed decision in focus | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-07-25T08:07:49+00:00","dateModified":"2023-07-25T08:07:51+00:00","description":"\u00a9 Reuters Investing.com -- U.S. stock futures edged higher Monday, at the start of a week that includes a crucial Federal Reserve policy-setting meeting","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=40084#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=40084"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=40084#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"Dow futures higher; earnings and Fed decision in focus"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/40084","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40084"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/40084\/revisions"}],"predecessor-version":[{"id":40085,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/40084\/revisions\/40085"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/33163"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}