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The Breakfast Briefing: US Futures Point To A Mixed Open As Sterling Tanks After Brexit Resignation
FYI: U.S. investors will be keeping a close watch on a slew of economic data expected on Thursday. At 8:30 a.m. ET, weekly jobless claims numbers are expected, followed by retail sales and a Philly Fed survey at the same time. On the earnings front, Walmart, JC Penny and Manchester United are due to report before the bell, while Nvidia and Nordstrom are expected to report after the bell.
U.S. stock index futures pointed to a mixed open Thursday morning as investors digested a sharp fall in sterling and new developments in the U.S.-China trade dispute.
At around 4:20 a.m. CT, Dow futures were dowm 6 points, implying a higher open of just 2.5 points. Nasdaq and S&P 500 futures were pointing in different directions. Regards, Ted
