financetom
Market
financetom
/
Market
/
Alphabet Earnings on Tap as US Equity Futures Incur Narrow Losses Pre-Bell
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Alphabet Earnings on Tap as US Equity Futures Incur Narrow Losses Pre-Bell
Nov 3, 2024 1:43 PM

08:17 AM EDT, 10/29/2024 (MT Newswires) -- US equity futures were cautiously lower Tuesday ahead of the release of quarterly earnings from technology giant Alphabet (GOOG, GOOGL).

The Dow Jones Industrial Average futures slipped 0.3%, S&P 500 futures declined 0.1%, and Nasdaq futures were little changed.

The Google ( GOOG ) parent is scheduled to report earnings after the closing bell, alongside payment technology company Visa (V) and chipmaker Advanced Micro Devices ( AMD ) . Meanwhile, fast-food giant McDonald's (MCD) reported pre-bell Q3 adjusted earnings and revenue that topped analysts' estimates.

Oil prices were higher, with front-month global benchmark North Sea Brent crude up 1.1% at $71.78 per barrel and US West Texas Intermediate crude up 1.3% at $68.28 per barrel.

US trade in goods deficit, scheduled for release at 8:30 am ET, is seen widening to $95.9 billion in September from $94.22 billion previously, according to estimates compiled by Bloomberg.

The Federal Housing Finance Agency House Price index, slated for 9 am ET, is seen edging 0.1% higher in August to match the prior month's increase.

The Consumer Confidence index, due at 10 am ET, is seen rising to 99.5 in October from 98.7 previously. Forecasters see job openings based on the Labor Department's Job Openings and Labor Turnover Survey coming in at 7.9 million for September following an 8 million rate in August.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Sector Update: Energy
Sector Update: Energy
May 9, 2024
09:04 AM EDT, 05/09/2024 (MT Newswires) -- Energy stocks were advancing premarket Thursday, with the Energy Select Sector SPDR Fund (XLE) up 0.1% recently. The United States Oil Fund (USO) was 0.6% higher, and the United States Natural Gas Fund (UNG) was up 0.9%. Front-month US West Texas Intermediate crude oil was up 0.7% at $79.56 per barrel at the...
Why Robinhood Markets Stock Is Rallying Thursday
Why Robinhood Markets Stock Is Rallying Thursday
May 9, 2024
Robinhood Markets Inc ( HOOD ) shares are rising Thursday after the company reported better-than-expected financial results for the first quarter. Q1 Revenue: $618 million, versus estimates of $548.61 million Q1 EPS: 18 cents, versus estimates of 5 cents Total revenue was up 40% on a year-over-year basis. Transaction-based revenue was up 59% year-over-year to $329 million, primarily driven by...
Sector Update: Tech Stocks Flat to Lower Premarket Thursday
Sector Update: Tech Stocks Flat to Lower Premarket Thursday
May 9, 2024
09:07 AM EDT, 05/09/2024 (MT Newswires) -- Technology stocks were flat to lower premarket Thursday as the Technology Select Sector SPDR Fund ( XLK ) was slightly lower and the SPDR S&P Semiconductor ETF ( XSD ) was recently inactive. EPAM Systems ( EPAM ) fell by more than 23% after it reported lower Q1 adjusted earnings and revenue. The...
Jobless Claims Jump More Than Expected, Driving Muted Premarket Action for US Equity Futures
Jobless Claims Jump More Than Expected, Driving Muted Premarket Action for US Equity Futures
May 9, 2024
09:07 AM EDT, 05/09/2024 (MT Newswires) -- US equity futures were little changed ahead of Thursday's opening bell as traders digested the weekly jobless claims. Dow Jones Industrial Average futures were down 0.1%, while S&P 500 futures and Nasdaq futures were both flat. Oil prices were higher, with front-month global benchmark North Sea Brent crude up 0.8% and US West...
Copyright 2023-2026 - www.financetom.com All Rights Reserved