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U.S. stock-index futures fell Sunday, ahead of a big week of earnings reports.
Dow Jones Industrial Average futures
YM00,
futures fell about 150 points, or 0.5%, while S&P 500 futures
ES00,
sank 0.7% and Nasdaq-100 futures
NQ00,
tumbled 1.1%.
Futures for U.S. crude
CLK22,
meanwhile, rose to $108.16.
The U.S. stock market was closed Friday. For the week, the Dow
DJIA,
lost 0.8%, recording its third straight week of losses, while the S&P 500
SPX,
shed 2.1% and the Nasdaq Composite
COMP,
fell 2.6%, with both booking their second straight week of losses.
Investors are bracing for a flurry of quarterly earnings reports in the upcoming week, including Bank of America Corp.
BAC,
on Monday morning, Netflix Inc.
NFLX,
on Tuesday afternoon and Tesla Inc.
TSLA,
on Wednesday afternoon. Eyes will also be on Twitter Inc.
TWTR,
which on Friday adopted a “poison pill” in the face of a takeover bid announced earlier in the week by Elon Musk.
A number of major banks, including Goldman Sachs Group Inc.
GS,
Morgan Stanley
MS,
and Wells Fargo & Co.
WFC,
reported earnings last week, to mixed results.
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