Market Outlook: Stock Futures Dip at Week's Start

1 min read
Source: CNBC
Market Outlook: Stock Futures Dip at Week's Start
Photo: CNBC
TL;DR Summary

Stock futures dipped slightly as traders prepare for a busy week of corporate earnings. The Dow Jones Industrial Average and S&P 500 futures both slipped, while Nasdaq 100 futures traded lower. Last week saw gains in the stock market following solid big bank earnings and softer inflation reports. Second-quarter earnings season is gaining momentum with results expected from major financial institutions and technology giants. Analysts forecast a decline in S&P 500 earnings from a year ago. Additionally, the Federal Reserve enters its "blackout period" ahead of its July policy meeting, with expectations of an interest rate increase. United Airlines pilots have reached a preliminary deal to increase pay.

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