Stocks were poised to open slightly lower on the New York Stock Exchange.
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U.S. stocks are poised for a slightly lower open on Monday ahead of a big week of corporate earnings and key economic data.
At 6:16 p.m. Eastern time on Sunday, Dow Jones Industrial Average futures lost 30 points, or 0.1%, while the S&P 500 futures lost 0.1%, and Nasdaq Composite futures fell 0.1%.
Crude oil futures (West Texas Intermediate, the U.S. standard) fell 0.5% to $81.22 a barrel. Brent crude, the international standard, fell 0.5% to $87.17 a barrel.
About 90 S&P 500 companies are scheduled to report earnings this week, including: Baker Hughes, Brown & Brown, and Synchrony Financial on Monday; 3M, Capital One Financial, Danaher, D.R. Horton, General Electric, Johnson & Johnson, Lockheed Martin, Microsoft, Raytheon Technologies, Texas Instruments, Union Pacific, and Verizon Communications on Tuesday.
Abbott Laboratories, Ameriprise Financial, AT&T, Boeing, CSX, Hess, IBM, Kimberly-Clark, Norfolk Southern, Tesla, and U.S. Bancorp report earnings on Wednesday; American Airlines Group, Blackstone, Comcast, Intel, Mastercard, Northrop Grumman, Sherwin-Williams, Southwest Airlines, Valero Energy, and Visa report on Thursday; and American Express, Charter Communications, Chevron, and Colgate-Palmolive on Friday.
This week’s notable economic events include: On Monday, the Conference Board reports its Leading Economic Index for December. On Tuesday, S&P Global will release both the Manufacturing and Services Purchasing Managers’ Indexes for January.
On Thursday, the…
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