Wall Street

Stock Market Today – 8/1: Stocks Set for Muted Open as Second-Quarter Earnings Season Roll On

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The Street

By M. Corey Goldman Investors await second-quarter earnings results from Pinterest, Activation Blizzard, Starbucks, Caterpillar and more for more signs of whether the Fed’s inflation battle is working. U.S. stock-index futures were flat to lower ahead of the first trading day of August after Wall Street finished its best month since 2020 amid ongoing uncertainty about the direction of the economy and whether earnings will continue to beat expectations amid still-rampant inflation and rising interest rates. On Wall Street, futures tied to the S&P 500 are indicating a 10.75-point opening bell dr…

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