Dow futures slip Sunday; Berkshire Hathaway reports as Cisco and Applied Materials prepare to follow
NEW YORK, Aug. 10. Dow Jones and S&P 500 futures both edged lower Sunday evening, while Nasdaq futures pointed higher, as Iran news drew attention ahead of a week that includes results from Cisco, Lumentum, and Applied Materials. Warren Buffett's Berkshire Hathaway had already reported its quarterly earnings Saturday.
Key takeaways
- Dow Jones and S&P 500 futures edged lower Sunday evening while Nasdaq futures pointed higher.
- Warren Buffett's Berkshire Hathaway reported its quarterly earnings on Saturday.
- Cisco, Lumentum, and Applied Materials are scheduled to report results during the coming week.
- Iran news was in focus for market participants and contributed to the cautious tone in Dow and S&P 500 futures.
- The broader backdrop was a stock market rally described as back in full force, with market bulls in control.
NEW YORK, Aug. 10. Dow Jones and S&P 500 futures both edged lower Sunday evening, while Nasdaq futures pointed higher, as Iran news drew attention ahead of a week that includes results from Cisco, Lumentum, and Applied Materials. Warren Buffett's Berkshire Hathaway had already reported its quarterly earnings Saturday.
Bulls ruling a rally in force
The stock market rally is back in full force, with the S&P 500 and the Dow both among its drivers, the source reports. Market bulls have remained in control, per the source's characterization of current conditions. Sunday evening's slight declines in Dow and S&P 500 futures arrived inside that broader backdrop, with Nasdaq futures moving the other direction and pointing higher.
Iran holds traders' attention
Iran news was in focus for market participants heading into the week, the source shows. The nature of those developments was not detailed in early trading commentary. The news contributed to the cautious tone in Dow and S&P 500 futures even as Nasdaq contracts pointed higher.
Berkshire Hathaway delivers; Cisco, Lumentum, Applied Materials next
Warren Buffett's Berkshire Hathaway disclosed its quarterly earnings Saturday, the source reports. The weekend release landed before a week the source identifies as notable for corporate results, with Cisco, Lumentum, and Applied Materials each on the reporting schedule ahead. Berkshire's Saturday results were already in hand as Dow and S&P 500 contracts opened slightly lower Sunday evening.
Note: The source summary was brief and cut off mid-sentence. This piece reflects every verifiable detail available; it runs shorter than the 350-word floor to avoid padding with invented specifics.