US futures slip as investors weigh profit reports, inflation
ABC News
U.S. futures slipped after investors started to get a look at the impact of inflation and the pandemic on the health of companies as they report their quarterly results
NEW YORK -- U.S. futures slipped with investors getting more information about the impact of inflation and the pandemic on the health of companies as quarterly earnings reports arrive.
Benchmarks finished higher in Japan, South Korea, Hong Kong and Australia. U.S. futures dipped, and oil prices rose.
France's CAC 40 inched up 0.6% in trading to 6,499.1, while Germany' DAX lost 0.8% to 14,012.6. Britain's FTSE 100 added 0.02% to 7,577.8. U.S. shares were set to drift lower with Dow futures down 0.26% at 34,220.36. S&P 500 futures fell 0.34% to 4,397.45.
Shares fell in Shanghai after the Chinese government reported that exports rose nearly 16% in March from a year earlier while imports were flat.
