Futures lower following latest earnings data
2016-10-21 07:12:54
Stock futures are pointing to a lower open as investors digest the latest round of earnings data. Despite several solid earnings reports, the market remains locked in a narrow trading range, as the Dow has been within 3% of its all-time high for months. The economic calendar has little scheduled for release today so investors will remain focused on the latest earnings reports and the companies' associated calls, including this mornings reports from GE (GE) and Honeywell (HON). In early pre-market trading, Dow futures are 34 points below fair value, Nasdaq futures are 10 points above fair…
Stock futures are pointing to a lower open as investors digest the latest round of earnings data. Despite several solid earnings reports, the market remains locked in a narrow trading range, as the Dow has been within 3% of its all-time high for months. The economic calendar has little scheduled for release today so investors will remain focused on the latest earnings reports and the companies' associated calls, including this mornings reports from GE (GE) and Honeywell (HON). In early pre-market trading, Dow futures are 34 points below fair value, Nasdaq futures are 10 points above fair value and S&P futures are 6 points below fair value.