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Traders Eye Earnings as US Equity Futures Waver Pre-Bell
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Traders Eye Earnings as US Equity Futures Waver Pre-Bell
Jul 30, 2024 5:47 AM

08:15 AM EDT, 07/30/2024 (MT Newswires) -- US equity futures were little changed Tuesday premarket as investors geared up for quarterly updates from Microsoft ( MSFT ) , Advanced Micro Devices ( AMD ) , and Starbucks ( SBUX ) .

The Dow Jones Industrial Average futures were flat, S&P 500 futures advanced 0.2%, and Nasdaq futures were up 0.3%.

Microsoft ( MSFT ), Advanced Micro Devices ( AMD ), and Starbucks ( SBUX ) are scheduled to release quarterly earnings after the closing bell.

The Federal Reserve's policy-setting Federal Open Market Committee is set to kick off its two-day meeting this Tuesday.

Oil prices fell, with front-month global benchmark North Sea Brent crude down 0.6% at $78.57 per barrel and US West Texas Intermediate crude down 0.6% at $75.33 per barrel.

The House Price index, scheduled for release at 9 am ET, is expected to increase by 0.2% in May to match April's rise, according to estimates compiled by Bloomberg.

The Consumer Confidence Index, due at 10 am ET, is expected to drop to 99.7 in July from 100.4 in June. Job openings based on the Labor Department's Job Openings and Labor Turnover Survey are expected to come in at 8.02 million in June versus May's 8.14 million.

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