Mixed Open Ahead: Retail Earnings and Middle East Risks Weigh on Traders
U.S. stock futures pointed to a mixed open on Monday as investors weighed retail earnings and Middle East risks.
Futures for the Nasdaq 100 advanced 0.51% and S&P 500 futures ticked up 0.15%, while Dow Jones Industrial Average futures dipped 0.15%.
Investors are bracing for a heavy week of retail earnings, including reports from Home Depot, Target, TJX Companies, Walmart, and Lowe's, as well as the release of July FOMC meeting minutes.
The ceasefire between the U.S. and Iran was set to expire on Monday, adding uncertainty over the next steps in the conflict.