This is what we look forward to ahead of Friday’s trading action.
US equity futures slightly lower Friday, putting the S&P 500 on track to end the week with muted gains after hitting the ninth record to hit its high in 2021.
Futures pegged to the S&P 500 fell 0.3%, indicating a post-opening bubble drop. Contracts pegged to the Nasdaq-100 Index were down 0.3%, suggesting technology stocks may also slide. Read our full market turnaround.
What is coming
The University of Michigan Consumer Sentiment Index for the February opening weeks, scheduled at 10 a.m.ET, is expected to rise to 80.8 from 79.0 in late January.
Market movers to keep an eye on
– Greetings Baby Yoda. Walt Disney shares rallied 0.9% before the bell after the entertainment giant reported a first-quarter gain as its flagship streaming service, Disney +, added more than 21 million new subscribers during the period. But the pandemic continued to channel results into the company’s movie distribution and theme park segments.