Futures slipped Sunday evening as the S&P 500 hovered in record territory after last week's modest gains.
The Wall St. sign is seen near the New York Stock Exchange in New York City, May 4, 2021.Futures contracts tied to the major U.S. stock indexes slipped Sunday evening as the S&P 500 hovered in record territory after last week's modest gains.
The moves in the overnight session on Sunday came after a mostly positive trading week punctuated by closely watched economic data and corporate earnings.finished Friday at 4,468.00 to notch its own best-ever finish. The yield on the benchmark 10-year Treasury note was last seen at 1.283%. Bond yields fall as their prices rise.Perhaps the most notable reading was Wednesday's softer-than-expected inflation report, which showed consumer prices minus energy and food
Upcoming economic data includes an update on retail sales on Tuesday, as well as housing starts and the release of the Federal Reserve's latest meeting minutes on Wednesday.
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