February 27, 2024

US Index Futures recovers after weeks of losses through Investing.com

Β© Reuters

By Oliver Gray


At 21:33, the deal was up 0.1%, Increased 0.18% to 0.48%.

This week, investors will focus on the balance sheet of major retailers, including Walmart (NYSE πŸ™‚ (SA :). The goal Corporation (NYSE πŸ™‚ (SA πŸ™‚ and Home Depot Inc (NYSE πŸ™‚ (SA :). In addition, Deere & Company (NYSE πŸ™‚ (SA πŸ™‚ is on deck with a few tech companies.

Investors are looking at data this week, which should show a rebound in consumer spending in April, while, and o new data point to a recession. In the industrial sector. Data for, and o should be published throughout the week.

On Friday, it was up 466.4 points, or 1.5%, at 32,196.7 points, up 93.8 points, or 2.4%, at 4,023.9 ​​points, and the joint was up 434 points, or 3.8 percent, at 11,805. During the week, all three averages recorded significant declines of 1.5%, 1.4% and 1%, respectively.

Among the stocks, mega-cap technology companies led the rally, with Apple Inc (NASDAQ πŸ™‚ (SA πŸ™‚ 3.2%, Alphabet (NASDAQ πŸ™‚ (SA πŸ™‚ 2.8%, Block Inc. (NYSE πŸ™‚ (SA:) 11.1%, Amazon.com Inc (NASDAQ πŸ™‚ (SA πŸ™‚ 5.7% and Microsoft Corporation (NASDAQ πŸ™‚ (SA πŸ™‚ 2.3%.

In the bond market, they advanced to 2.946%, still far from the recent high of 3.2% recorded on May 9.