Here’s what we’re looking at before Friday’s trading action.
–US futures fell On Friday, putting the S&P 500 on track to end the week with low earnings, after setting a ninth maximum closing record for 2021.
S&P 500 futures fell 0.3%, indicating a decline after the opening bell. Contracts related to the Nasdaq-100 index fell 0.3%, suggesting that technology stocks could also fall. Read our complete market package.
What’s next
–University of Michigan Consumer Sentiment Index for the opening weeks of February, which will take place at 10 am ET, it is expected to reach 80.8 from 79.0 at the end of January.
Market Movers to watch
“All Baby Yoda hail.” Walt Disney shares rose 0.9% before the bell, after the entertainment giant reported a profit in the first quarter, as its pilot broadcast service, Disney +, added over 21 million new subscribers during this period. But the pandemic continued to reduce results in the company’s film distribution segments and theme parks.