U.S. stock futures move in a narrow range between gains and losses this morning, following a Tuesday session that saw stocks give up a chunk of their Monday gains.
this morning, following a Tuesday session that saw stocks give up a chunk of their Monday gains as bond yields fell. The Dow has now fallen in two of the past three sessions, with the S&P 500 and Nasdaq lower in three of the past four trading days. Utilities have been the biggest trend-bucker of the month, with the S&P 500 Utilities sector by far the strongest sector performer of the month, and the Dow Jones Utilities currently at a record high.
On today's U.S. economic calendar, the Mortgage Bankers Association is out with its weekly look at mortgage applications at 7 a.m. ET, while the Energy Department issues its weekly report on oil and gasoline inventories at 10:30 a.m. ET. Luxury goods retailer Tiffany , spirits maker Brown-Forman , clothing retailer Chico's FAS , and watch maker Movado Group are out with
this morning. H&R Block , Box , Five Below , Guess , Okta , PVH , and Williams-Sonoma issue quarterly reports after today's closing bell.Purdue Pharma and its owners, the Sackler family, are offering to settle more than 2,000 lawsuits against the company for up to
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