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Dow Futures Gain Slightly; Focus on Fed Minutes

Aria Thomas

Jan 03, 2023 10:51

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In anticipation of a busy week of economic data and the release of the most recent Federal Reserve meeting minutes, U.S. stock futures were trading higher on Monday evening.


At 6:35 pm ET (11:35 pm GMT), Dow Jones Futures and S&P 500 Futures were up 0.3%, while Nasdaq 100 Futures were up 0.2%.


Investors will focus on the S&P Global (NYSE:SPGI) Manufacturing PMI and construction spending, JOLTS data, and the minutes from the Fed's most recent policy meeting to begin trading on Tuesday.


Later in the week, the ADP nonfarm employment statistics and the nonfarm payrolls report for December will also be closely observed.


On Thursday, Walgreens Boots Alliance Inc (NASDAQ:WBA) and Constellation Brands Inc (NYSE:STZ) will report their quarterly results.


The 10-Year U.S. bond market interest rate was 3.831%.