Here’s what we’re watching before Friday’s trading action.
–US stock futures fell Friday, putting the S&P 500 on track to end the week with modest gains after reaching its ninth record high in 2021.
Futures contracts linked to the S&P 500 fell 0.3%, pointing to a decline after the opening bell. Contracts linked to the Nasdaq-100 index fell 0.3%, suggesting that technology stocks may also fall. Read our complete market package.
What’s coming
–University of Michigan Consumer Sentiment Index for the first weeks of February, due at 10am ET, it is expected to advance to 80.8 out of 79.0 at the end of January.
Market movers to watch
“Check baby Yoda.” Walt Disney’s shares rose 0.9% before the bell after the entertainment giant reported a profit in the first quarter, as its main streaming service, Disney +, added more than 21 million new subscribers during the period. But the pandemic continued to shake results in the company’s movie distribution and theme park segments.