Stock futures slip after a winning holiday week

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Investors will be watching for further earnings reports and economic data releases in the final week of trading in November.

Futures tied to the Dow Jones Industrial Average lost 93 points, or 0.27%. S&P 500 futures were 0.38% lower and Nasdaq 100 futures shed 0.44%.

Stocks were lifted during the week by comments from Federal Reserve officials signaling that the central bank would step down its aggressive rate hike path as inflation cools. Minutes from the Fed's November meeting confirmed the likely shift in policy. In the last week of November, investors will be watching more earnings reports and a slew of economic releases that will give further information on the state of the consumer and the U.S. economy. Intuit, Salesforce and Five Below are scheduled to report earnings. Personal consumption data and the labor report for November will also be released this week.Investors are watching retail stocks this holiday season, following a record-breaking black Friday.

 

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