U.S. equity futures were little changed on Sunday as investors looked forward to the latest reading of the Federal Reserve’s preferred inflation reading as well as a slew of big earnings reports.
Futures tied to the Dow Jones Industrial Average were down by 0.04%, while S&P 500 futures and Nasdaq 100 futures ticked lower by 0.04% and 0.05%, respectively.
Stocks are heading into the final week of February on a high note after the major indexes achieved new milestones on Friday and registered winning weeks with help from Nvidia’s blockbuster earnings. The blue-chip Dow closed at an all-time high of 39,131.53, the broad-market S&P at one point in the session broke above 5,100 for the first time and the tech-heavy Nasdaq Composite touched a 52-week high in Friday’s session.
Investors are now watching whether the AI momentum can lastas economic and inflation risks linger. With that in mind, they’re also looking ahead to the monthly personal consumption expenditures price index, the …