Wall Street wraps up week quietly

Get Our Email Newsletter
The companies, people and issues shaping business in Madison and the Capital Region.

Premarket trading on Wall Street was relatively listless today, with futures for the S&P 500 and the Dow Jones Industrial Average were essentially unchanged less than two hours before the opening bell, hovering around recent record highs, according to the Associated Press.

It was quiet on the corporate news front early this morning with earnings season mostly wrapped up.

Costco dipped 1% after the bulk grocery warehouse club reported a modest fourth-quarter profit but fell short of Wall Street’s sales targets.

In other dealings, benchmark U.S. crude oil picked up 30 cents to $67.97 per barrel. Brent crude, the international standard, added 22 cents to $71.31 per barrel. Despite today’s small gain, oil prices are down more than 4% for the week and are on track to finish the month in the red for the fifth time in six months.

Advertisement

The U.S. dollar fell to 143.03 Japanese yen from 144.80 yen.

Digital Partners