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Futures Movers: U.S. stock futures slip headed into big earnings week

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U.S. stock-index futures fell Sunday, ahead of a big week of earnings reports.

Dow Jones Industrial Average futures
YM00,
-0.42%

futures fell about 150 points, or 0.5%, while S&P 500 futures
ES00,
-0.65%

sank 0.7% and Nasdaq-100 futures
NQ00,
-1.10%

tumbled 1.1%.

Futures for U.S. crude
CLK22,
+0.74%
,
meanwhile, rose to $108.16.

The U.S. stock market was closed Friday. For the week, the Dow
DJIA,
-0.33%

 lost 0.8%, recording its third straight week of losses, while the S&P 500 
SPX,
-1.21%

shed 2.1% and the Nasdaq Composite 
COMP,
-2.14%

fell 2.6%, with both booking their second straight week of losses.

Investors are bracing for a flurry of quarterly earnings reports in the upcoming week, including Bank of America Corp.
BAC,
-3.22%

on Monday morning, Netflix Inc.
NFLX,
-2.65%

on Tuesday afternoon and Tesla Inc.
TSLA,
-3.66%

on Wednesday afternoon. Eyes will also be on Twitter Inc.
TWTR,
-1.68%
,
which on Friday adopted a “poison pill” in the face of a takeover bid announced earlier in the week by Elon Musk.

A number of major banks, including Goldman Sachs Group Inc.
GS,
-0.10%
,
Morgan Stanley
MS,
+0.75%

and Wells Fargo & Co.
WFC,
-4.51%
,
reported earnings last week, to mixed results.

The Wall Street Journal: China’s economy exceeds expectations, expands 4.8% in Q1

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