Stocks futures fell on Monday as investors prepare for a data-heavy week, including the December report on US inflation and big bank earnings. The Dow Jones Industrial Average lost 81 points, or 0.19%, while S&P 500 futures dipped 0.44% and Nasdaq 100 futures slipped 0.58%.
The jobs report last week raised concerns that the Federal Reserve will proceed with caution, casting doubt on further interest rate cuts. Investors also await the kickoff of the fourth-quarter earnings season, with banks like Citigroup, Goldman Sachs, and JPMorgan Chase reporting on Wednesday.
Analysts expect the central bank to leave rates unchanged at its Jan. 29 meeting, with over 97% odds. However, some investors remain cautious due to elevated inflation expectations and rising bond yields.
Data this week includes the December consumer price index on Wednesday morning, followed by wholesale inflation reports and comments from Kansas City Fed President Jeffrey Schmid and New York Fed President John Williams on Tuesday.
Source: https://www.cnbc.com/2025/01/12/stock-futures-are-little-changed-ahead-of-key-data-earnings-season-live-updates.html