- Major index futures point to a mixed open.
- S&P 500 falls marginally in the premarket.
The futures of the main US stock indices point to an opening in neutral territory, after mixed corporate results and in advance of Thursday’s inflation data, in a context where Treasury bond yields continue to advance.
In the premarket, the Dow Jones rose 0.24%, the Nasdaq fell 0.20% and the S&P 500 lost 0.03%. In Europe, the same tone is given, with the German DAX falling 0.07% and the FTSE 100 in London rising 0.05%.
Among the commodities, oil falls, with a barrel of WTI losing 1.30% at $89.00 and gold is in neutral territory around $1820 an ounce.
No impact data on Tuesday, the focus is on what will be the US inflation figures on Thursday, that will influence the Federal Reserve’s monetary policy expectations. Prior to this, the 10-year US bond rate is at 1.95%, in the zone of maximums since December 2019.
Among currencies, the dollar yield mixed results, the DXY rises 0.15%. The pound is one of the best performing currencies and the yen is affected by the advance in yields. Those of emerging markets do not register significant variations.
S&P Technical Levels
Source: Fx Street
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