S&P 500 futures little changed as big banks kick off earnings season

· Politics · United States

S&P 500 futures were little changed as big banks prepared to kick off earnings season, with investors looking ahead to a busy week of bank results and inflation data, according to CNBC. US equity-index futures extended gains after oil reversed an early advance triggered by Houthi attacks on Saudi Arabia, Bloomberg reported. The earnings season opens with major banks facing questions about credit quality, higher interest rates and slowing investment banking activity.

Why it matters:Bank earnings and inflation data this week will shape expectations for interest rates and the direction of global markets.

Key points

  • S&P 500 futures were little changed.
  • Investors await a busy week of bank earnings and inflation data.
  • US equity futures extended gains after oil reversed early gains.

Sources (original reporting)

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