Shares are poised to open decrease on Monday forward of a giant week of retailer earnings.
Angela Weiss/AFP through Getty Photos
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U.S. shares are poised for a decrease open on Monday as buyers put together to absorb retailer earnings.
On Sunday evening,
Dow Jones Industrial Common
futures misplaced 47 factors, or 0.1%, whereas the
S&P 50
0 futures fell 0.2%, and
Nasdaq Composite
futures slipped 0.2%.
Crude oil futures for
West Texas Intermediate
,
the U.S. normal, fell 0.3% to $91.82 a barrel.
Brent crude
,
the worldwide normal, was down 0.4% to $97.80 a barrel.
This week’s earnings embrace: Agilent Applied sciences, Residence Depot and Walmart on Tuesday; Amcor, Analog Units, Tub & Physique Works, Cisco Programs, Keysight Applied sciences, Krispy Kreme, Lowe’s, Synopsys, Goal, and TJX on Wednesday; Utilized Supplies, BJ’s Wholesale Membership, Estée Lauder, Kohl’s, Ross Shops, and Tapestry on Thursday; and Deere and Foot Locker on Friday.
Notable financial occasions this week embrace: On Monday, the Nationwide Affiliation of Residence Builders releases its Housing Market Index for August, and the Federal Reserve Financial institution of New York releases its Empire State Manufacturing Survey for August.
On Tuesday, the Census Bureau studies new residential information for July. On Wednesday, the Federal Open Market Committee releases minutes from its late July monetary-policy assembly, and the Census Bureau studies retail gross sales information for July. On Thursday, the Nationwide Affiliation of Realtors studies existing-home gross sales for July, and the Convention Board releases its Main Financial Index for July.
Write to Janet H. Cho at janet.cho@dowjones.com
