Stock futures were mostly flat on Sunday evening as Wall Street looks to shake off a losing week.
Futures tied to the Dow Jones Industrial Average dipped 16 points, or less than 0.1%. Those for the S&P 500 also shed less than 0.1%, while Nasdaq 100 futures ticked up 0.1%.
Wall Street is coming off a negative week, with the tech sector being a source of concern. The tech-heavy Nasdaq Composite fell 3.9% last week, while the S&P 500 and Dow dropped 1.3% and 0.3%, respectively.
The health-care sector was a bright spot, gaining more than 3%.
The fight against inflation is likely to be a market driver this week. Investors will get a look at fresh data, with the consumer price index for March due out on Tuesday and the producer price index following on Wednesday.
Cleveland Fed President Loretta Meester told CBS’ “Face the Nation” on Sunday that she still believes the Fed can get inflation under control without causing major damage…
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2022-04-10 22:02:15
