Home Economy Stock futures mildly lower ahead of the kickoff of earnings season

Stock futures mildly lower ahead of the kickoff of earnings season

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Traders work on the floor of the New York Stock Exchange.

NYSE

Stock futures were slightly lower in early morning trading on Monday as earnings season kicks off on Wall Street this week.

Futures on the Dow Jones Industrial Average fell 59 points. S&P 500 futures and Nasdaq 100 futures both traded below the flatline.

The three major indexes closed at record highs on Friday after a sell-off Thursday as investors worried about a potential slowdown in U.S. economic growth. Friday’s rally brought the averages into the green for the week; the Dow added 0.24% week-to-date, while the S&P 500 and Nasdaq each rose about 0.4% in the same period.

Stocks tied to the economic recovery that fell during Thursday’s session logged gains on Friday. Financial names rebounded, with Bank of America and Goldman Sachs both jumping more than 3%. Travel-related stocks also rose; Royal Caribbean popped 3.6%, Wynn Resorts gained close to 2%, and American Airlines and United…

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