LONDON: U.S. stocks on Friday eyed gains for the past week and month, even as stock futures pointed to a dip at the open and analysts warned about the potential for end-of-the-month choppiness.
Earnings from energy giants Exxon Mobil and Chevron could provide a spark, and investors also await fresh readings on consumer sentiment and Chicago-area business conditions.
S&P 500 futures ESU5, -0.20% were last down 4.70 point, or 0.2%, to 2,099, while those for the Dow Jones Industrial Average YMU5, -0.16% declined by 33 points, or 0.2%, to 17,653. Nasdaq 100 futures NQU5, -0.18% pulled back by 10 points, or 0.2%, to 4,585.25.
The benchmark S&P 500 SPX, +0.00% is on track for a weekly advance of 1.4% and a July rise of 2.2% as of Thursday’s close. The Dow DJIA, -0.03% is on pace for weekly and monthly gains of 1% and 0.7%, respectively, while the Nasdaq COMP, +0.33% is up 0.8% for the week and 2.9% for July.
On Thursday, the U.S. stock market finished about flat after erasing early losses.
