© Reuters. FILE PHOTO: New York Stock Exchange opens during COVID-19NEW YORK (Reuters) – Futures of the US index indicate that Wall Street will make moderate gains on Monday as retail revenue queues and with house data in favor.
The second quarter season is mostly over, with major retailers still posting results. Walmart Inc (N :), Home Depot Inc (N :), Kohls Corp (N :), Lowe’s Companies Inc (N :), Purpose Corp (N 🙂 belong among the retailers on deck, with industrial Deere & Co (N 🙂 set to pick up the week.
As of Friday, 457 companies in the S&P posted 500 results, of which 81.4% came above a decidedly low expectations bar, according to data from Refinitiv.
Home launch launches and current releases of home sales data are to be thanked this week, both are expected to have increased, providing further evidence that housing is bouncing back from a review of pandemic-induced faster than other sectors.
Market participants remain hopeful that Washington will pass on a fresh incentive package, weeks after unemployment benefits for millions of Americans expired.
* S&P 500 e-minis were up 7.25 points, or 0.22%, with 7,955 contracts changing hands.
* were up 23.25 points, or 0.21%, in volume of 2,919 contracts.
* were 56 points up, as 0.2%, with 2,243 contracts changing hands.
* Benchmark 10-year note futures pulled last 1/32 in price.
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