US stock futures were little changed Monday as traders brace for another heavy week of corporate earnings and economic data.
Oil prices nudged lower with global benchmark Brent Crude down 0.40%, and US West Texas Intermediate crude down 0.40% recently as well, extending Friday’s sell-off after US President Donald Trump said he asked the Organization of the Petroleum Exporting Countries to lower the prices of the commodity.
Just-released report names Cannabis Stock of the Year for 2019! Their last pick has seen a +1,200% return since he released it!
This stock has all of the makings of the next great cannabis stock – early-mover advantage, international exposure and influential partnerships, plus it has a product that is unlike anything else on the market…
At 8:30 am, data are expected to show personal income, consumer spending and the PCE price index rising 0.4%, 0.7%, and 0.3%, respectively, for the month of March, according to data compiled by Econoday.
At 10:30 am, the April headline for the general activity index based on the Dallas Fed manufacturing survey is expected to come in at 9.8 against March’s 8.3.
In equities, shares of Innovate Biopharmaceuticals (INNT) were 21.6% higher pre-bell after the biotechnology company said Larazotide demonstrated improvements in validated non-alcoholic steatohepatitis biomarkers and endpoints in pre-clinical trial.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.