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Traders Digest Earnings Deluge as US Equity Futures Tread Water Pre-Bell
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Traders Digest Earnings Deluge as US Equity Futures Tread Water Pre-Bell
Feb 6, 2025 5:44 AM

08:25 AM EST, 02/06/2025 (MT Newswires) -- US equity futures were little changed pre-bell Thursday as traders digested a deluge of corporate earnings.

The Dow Jones Industrial Average futures increased 0.1%, S&P 500 futures gained 0.3%, while Nasdaq futures flatlined.

Eli Lilly ( LLY ) and Philip Morris ( PM ) both reported pre-bell higher Q4 adjusted earnings and revenue. Meanwhile, Amazon ( AMZN ) is scheduled to report after the closing bell.

Oil prices were higher, with front-month global benchmark North Sea Brent crude up 0.4% at $74.94 per barrel and US West Texas Intermediate crude up 0.6% at $71.44 per barrel.

New unemployment claims, scheduled for release at 8:30 am ET, are expected to rise to 214,000 in the week ended Feb. 1 from 207,000 in the previous week, according to estimates compiled by Bloomberg. Nonfarm productivity is expected to have risen by 1.5%, while unit labor costs are expected to have risen by 3.4% in Q4.

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