Futures for the Dow Jones industrial average, S&P 500 index and Nasdaq 100 signaled fractional gains Sunday evening heading into the new trading week.
Dow component Wal-Mart Stores (WMT) is back in buying range as the world’s largest retailer appears to be a rare brick-and-mortar operator holding its ground against e-commerce giant Amazon.com (AMZN). Meanwhile, Google parent Alphabet (GOOGL) faces a new issue that could tarnish its brand.
The Dow Jones industrial average, S&P 500 index and Nasdaq composite suffered slim losses last week. The Dow industrials and S&P 500 index are once again trading right at their 50-day moving averages.
Dow Jones industrial average futures rose about 0.1% vs. fair value. So did S&P 500 and Nasdaq 100 futures.
Wal-Mart rose 2.1% to 72.90 in Friday stock market trading, rising to its best level since last September. The Dow industrials stock also retook a 72.58 buy point briefly cleared in late February. That comes as many major retailers, including Macy’s (M), Kohl’s (KSS) and Target (TGT), have been falling near multiyear lows.