Stock futures lower, dollar steady, as China data check gains; Week Ahead: retail sales, earnings in focus as inflation debate shifts; Goldman Sachs earnings on deck after banks top street forecasts; Microsoft defends Activision takeover amid reports of EU challenge and debt ceiling debate triggers funding measures from U.S. Treasury.
Stock futures drift higher, yields slide, with earnings on deck; JPMorgan leads bank earnings parade with growth outlook in focus; Tesla shares slump after another round of U.S. Price cuts; Boeing 737 Max makes first flight in China since 2019 grounding and Delta Air Lines earnings lead optimistic U.S. carriers.
Stock futures slip ahead of key inflation data; core prices in focus as December CPI may show headline decline; Disney shares jump as Nelson Peltz pushes for board seat; TSMC higher on record Q4 profits, muted chip sector forecast and KB Home shares slide after Q4 profit miss, uncertain 2023 outlook.
Stock futures slip lower on hawkish Fed signals; Powell speech in focus as rate bets test tightening path; Pfizer may sell Covid treatment in China through local partner; Oak Street Health soars on $10 billion CVS takeover report and Microsoft said to eye $10 billion OpenAI investment.
Stock futures edge higher with inflation data in focus; Week Ahead: Powell speech, earnings, CPI on deck; Goldman Sachs to being job cuts later this week; Macy s shares slump as retailer cautions on holiday spending and Brazil President Lula vows to investigate capital riots.