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U.S. stock futures fight for direction ahead of Powell testimony, more earnings

July 17, 2018

U.S. stock futures were trading in a tight range Tuesday, signaling another day with moves in and out of positive territory as investors waited for more earnings reports and Federal Reserve chief Jerome Powell’s appearance before a Senate committee.

What are markets doing?

Futures for the Dow Jones Industrial Average YMU8, +0.04% were up 10 points at 25,051, while those for the S&P 500 index ESU8, -0.04% slipped 0.75 point to 2,795.75. Futures for the Nasdaq-100 index NQU8, -0.12% dropped 9 points, or 0.1%, to 7,316, weighed by a sharp premarket drop in Netflix Inc.’s shares.

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