Nasdaq, S&P Futures Flatline As Key Inflation Data, More Earnings Lie In Store This Week: Analyst Flags ‘Some Caution’ On Overvaluations
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Benzinga
Benzinga
U.S. stock futures once again displayed indecision on Monday, echoing recent sessions and reflecting market uncertainties. With no major earnings reports expected in the morning, attention is likely to turn to Federal Reserve officials’ speeches scheduled for the day and the New York Fed’s January consumer expectations reading. Bond yields remained stagnant above the 4% mark, while oil prices retraced after last week’s surge. Cues From Last Week’s Trading: Positive tech earnings overshadowed concerns about rate uncertainty, leading to a week of gains across the board. Despite hawkish comments …