Dow set to fall 100 points at the open despite strong earnings
Thursday, 17 January 2019 17:32 WIB | MARKET UPDATE | Indeks berjangka ASIndeks berjangka Standard & Poor’s 500Kontrak Dow Jones Industrial Average

U.S. stock futures traded lower on Thursday amid a flurry of corporate results, worries over China's economy and Brexit uncertainty.

At around 05:05 a.m. ET, Dow futures were more than 100 points lower, indicating a 136-point fall at the open, while S&P 500 and Nasdaq futures also pointed to declines.

Overnight on Wall Street, stocks rose as investors cheered strong quarterly earnings from major banks like Goldman Sachs and Bank of America. In its latest report on the economy, the Federal Reserve said on Wednesday that labor markets have tightened across the country as businesses struggled to find workers at any skill level while wages grew moderately.

Source: CNBC

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