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0 0 0.00074128984432909 0.00074128984432909 0.000148257968865902 -0.00667160859896224 -0.00429948109710906 -0.00904373610081541
Stock impact report

Futures flat as oil rebounds [Reuters]

ConocoPhillips (COP) 
Last conocophillips earnings: 4/30 07:00 am Check Earnings Report
Company Research Source: Reuters
Futures flat as oil rebounds | Reuters 3 Min Read (Reuters) - U.S. stock index futures were little changed on Monday, coming off a sharp selloff on Friday, with a rebound in oil prices offering some relief ahead of a retail-heavy earnings week that will show if rising wage costs are also going to hit profits. Brent crude futures LCOc1 rose 1.31 percent after Saudi Arabia, the world’s largest oil exporter, said it would cut its shipments in December. [O/R] That lifted energy stocks, with shares of companies such as ConocoPhillips ( COP.N ), Schlumberger NV ( SLB.N ) and heavyweights Exxon Mobil Corp ( XOM.N ) and Chevron Corp ( CVX.N ) among the top gainers on the S&P; 500 in premarket trading, though volumes were light. Reports from a host of major U.S. companies have shown the impact of tariffs and a slowdown in China on corporate profits. This week, reports from major retailers are expected to show how rising wages are eating into margins. Wage pressures could increasingly b Show less Read more
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