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Earnings Season, CPI Report Quell Wall Street Pre-Bell
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Earnings Season, CPI Report Quell Wall Street Pre-Bell
Apr 8, 2024 4:49 AM

07:25 AM EDT, 04/08/2024 (MT Newswires) -- Wall Street futures pointed marginally lower pre-bell Monday, as traders girded for the start of earnings season, and awaited the Wednesday consumer price index (CPI) March report from Washington.

Late this week financial titans JPMorgan Chase (JPM), Wells Fargo (WFC), Citigroup (C), BlackRock (BLK), Progressive (PGR) and State Street (STT) report earnings, among many others.

Yield on benchmark US Treasuries edged up near 4.45% on morning trades. Spot gold is testing all-time highs, near $2,358 an ounce.

In the futures, the S&P 500, the Nasdaq, the Dow Jones were flat, hewing to Friday closes.

Asian exchanges traded mostly higher overnight, while European bourses edged north midday on the continent.

On the economic calendar, Minneapolis Fed President Neel Kashkari speaks at 7 pm ET.

In pre-market action, Bitcoin traded at $72,525, West Texas Intermediate crude oil traded lower at $86.25, and 10-year US Treasuries offered 4.44%.

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