U.S. stock index futures were under slight pressure ahead of Thursday’s open, as investors turn their attention to the latest corporate news, while trying to shake off the volatile trading seen in markets worldwide.
Around 5:00 a.m. ET, Dow futures were up 38 points, but the implied open for the Dow indicated that there would be a decline of 75.35 points. The Nasdaq and S&P 500 futures also indicated a slightly lower open.
The movements seen in U.S. futures come on the back of a slightly negative close on Wednesday. In the previous session, U.S. stocks finished in the red as interest rates climbed back toward multi-year highs.
Major U.S. indexes started to come under pressure on the back of a rise in the 10-year Treasury yield, sparking renewed concerns which triggered the sell-off that started last Friday. As investors remain on edge over the volatile trading, earnings are set to stir up sentiment during Thursday’s session.
Ahead of the opening bell, CVS Health, Philip Morris, T-Mobile U.S., Kellogg, Nielsen, Twitter, Viacom, Yum! Brands, Manchester United and NY Times are set to publish fresh earnings reports.
Meantime, after the bell, AIG, Nvidia, Activision Blizzard, Expedia, News Corp., FireEye, Lions Gate and Skechers are scheduled to report.
