US Equity Futures Slip Pre-Bell as Traders Digest Earnings

MT Newswires Live
20 May

US equity futures were lower pre-bell Tuesday as traders digested corporate earnings.

Dow Jones Industrial Average futures were slightly lower, S&P 500 futures slipped 0.2%, and Nasdaq futures were down 0.3%.

Home Depot (HD) reported lower fiscal Q1 adjusted earnings and higher sales. The company affirmed its fiscal 2025 guidance.

Major equity indices closed mixed on Monday after Moody's lowered the US' long-term issuer and senior unsecured ratings to Aa1 from Aaa on Friday.

Oil prices were lower, with front-month global benchmark North Sea Brent crude down 0.3% at $65.32 per barrel and US West Texas Intermediate crude down 0.4% at $61.87 per barrel.

There are no major economic data due for release.

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