Wall Street pointed toward losses early today ahead of U.S. inflation data being released late this week, which might illuminate the way ahead for interest rates, according to the Associated Press. Futures for the S&P 500 and for the Dow Jones Industrial Average both fell 0.2% before markets opened.
Boeing is down slightly after it was sanctioned by U.S. investigators for sharing information about a federal investigation of a door plug blowout that left a gaping hole in a Boeing 737 Max 9.
Levi Strauss shares slid 15.4% ahead of the opening bell this morning after the jeans maker’s second-quarter sales came up short of analyst targets.
Walgreen’s tumbled 15.7% after it slashed the high end of its profit forecast, citing “persistent pressures on the U.S. consumer.”
Chipmaker Micron fell 5.5% after its latest forecast left investors disappointed.
Benchmark U.S. crude oil picked up 34 cents to $81.24 per barrel in electronic trading on the New York Mercantile Exchange. Brent crude, the international standard, advanced 32 cents to $84.79 per barrel.
The U.S. dollar was trading at 160.53 yen early today, having punched through the 160 level a day earlier to its lowest level since late 1986.
