U.S. stock-index futures fell Sunday, ahead of a big week of earnings reports.
Dow Jones Industrial Average futures
YM00,
-0.38%
futures fell about 150 points, or 0.5%, while S&P 500 futures
ES00,
-0.63%
sank 0.7% and Nasdaq-100 futures
NQ00,
-1.09%
tumbled 1.1%.
Futures for U.S. crude
CLK22,
+0.92%,
meanwhile, rose to $108.16.
The U.S. stock market was closed Friday. For the week, the Dow
DJIA,
-0.33%
lost 0.8%, recording its third straight week of losses, while the S&P 500
SPX,
-1.21%
shed 2.1% and the Nasdaq Composite
COMP,
-2.14%
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,
-3.22%
on Monday morning, Netflix Inc.
NFLX,
-2.65%
on Tuesday afternoon and Tesla Inc.
TSLA,
-3.66%
on Wednesday afternoon. Eyes will also be on Twitter Inc.
TWTR,
-1.68%,
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,
-0.10%,
Morgan Stanley
MS,
+0.75%
and Wells Fargo & Co.
WFC,
-4.51%,
reported earnings last week, to mixed results.
