U.S. stocks are flat Sunday evening, ahead of the Bureau of Labor Statistics’ consumer price index for August, coming out Wednesday.
At 6:15 p.m. Eastern time on Sunday, Dow Jones Industrial Average futures lost 12 points, or 0.02%; the S&P 500 futures were flat; and Nasdaq Composite futures gained 0.03%.
Crude oil futures (West Texas Intermediate, the U.S. standard) fell 0.6% to $86.96 a barrel. Brent crude, the international standard, fell 0.5% to $90.24 a barrel.
Notable earnings this week include: Casey’s General Stores and Oracle on Monday; Adobe, Copart, and Lennar on Thursday; and Bristol Myers Squibb, Brown & Brown, Ecolab, and Laboratory Corp. on Friday.
This week’s notable economic events include: On Tuesday, the National Federation of Independent Business will release its Small Business Optimism Index for August.
On Wednesday, the Bureau of Labor Statistics will release the consumer price index for August.
On Thursday, the BLS will release the producer price index for August; the Census Bureau’s retail sales data for August; and the Labor Department will report initial claims for unemployment benefits the week ending Sept. 9. Also Thursday, the European Central Bank will announce a monetary-policy decision.
On Friday, the University of Michigan will release its Consumer Sentiment Index for September, and the Federal Reserve Bank of New York will release the Empire State Manufacturing Survey for September.
Write to Janet H. Cho at [email protected]
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