That’s what we’re seeing before Friday’s trading action.
–US stock futures fell Friday, tuning the S&P 500 to end the week with gains off after reaching its ninth maximum closing record for 2021.
Futures tied to the S&P 500 fell 0.3%, signaling a drop after the initial bell. Contracts linked to the Nasdaq-100 Index fell 0.3%, suggesting that technology stocks may also fall. Read our full market wrap.
What’s going on?
–University of Michigan Consumer Sentiment Index for the first weeks of February, scheduled for 10 a.m., it is expected to reach 80.8 from 79.0 in late January.
Market Movers to Watch
“All the best, Baby Yoda.” Walt Disney shares rose 0.9% ahead of the bell after the entertainment giant reported profits in the first quarter, as its flagship streaming service, Disney +, added more than 21 million of new subscribers during the period. But the pandemic continued to yield results in the film distribution segments and theme parks of the company.