financetom
Market
financetom
/
Market
/
Traders Digest Alphabet Earnings as US Equity Futures Waver Pre-Bell
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Traders Digest Alphabet Earnings as US Equity Futures Waver Pre-Bell
Nov 3, 2024 2:54 PM

08:10 AM EDT, 10/30/2024 (MT Newswires) -- US equity futures were little changed pre-bell Wednesday as traders digested strong results from technology giant Alphabet (GOOG, GOOGL).

Dow Jones Industrial Average futures slipped 0.2%, S&P 500 futures flatlined, and Nasdaq futures were up 0.1%.

Alphabet shares were up more than 6% pre-bell after the company reported late Tuesday higher Q3 earnings and revenue that topped estimates from analysts compiled by Capital IQ.

Oil prices were higher, with front-month global benchmark North Sea Brent crude up 1.2% at $71.53 per barrel and US West Texas Intermediate crude up 1.2% at $68 per barrel.

Private payrolls based on ADP Institute's Employment Report, scheduled for release at 8:15 am ET, are seen rising by 110,000 in October following a 143,000 increase in September, according to estimates compiled by Bloomberg.

Q3 gross domestic product growth, due at 8:30 am ET, is seen unchanged at a 3.0% annual rate.

The US Treasury is also scheduled to announce its funding needs for the next two quarters at 8:30 am ET.

The Pending Home Sales Index, due at 10 am ET, is seen rising by 1.9% in September following a 0.6% gain 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: Tech Stocks Gain Late Afternoon
Sector Update: Tech Stocks Gain Late Afternoon
Sep 1, 2024
03:49 PM EDT, 08/30/2024 (MT Newswires) -- Tech stocks rose late Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) adding 0.8% and the SPDR S&P Semiconductor ETF (XSD) gaining 1.4%. The Philadelphia Semiconductor index climbed 2%. In corporate news, Elastic (ESTC) shares plunged past 27%. The company reported disappointing fiscal Q1 results after a poorly managed sales segmentation...
Top Midday Decliners
Top Midday Decliners
Sep 1, 2024
01:39 PM EDT, 08/30/2024 (MT Newswires) -- Catheter Precision ( VTAK ) said Friday that it priced an underwritten public offering of 347,277 common-stock units and 2.8 million pre-funded warrant units at $1.00 per unit and $0.9999 per unit, respectively, for gross proceeds of about $3.1 million. Shares sank 56% as intraday trading volume catapulted to more than 2.22 million...
Sector Update: Tech Stocks Gain Friday Afternoon
Sector Update: Tech Stocks Gain Friday Afternoon
Sep 1, 2024
01:52 PM EDT, 08/30/2024 (MT Newswires) -- Tech stocks rose Friday afternoon with the Technology Select Sector SPDR Fund (XLK) adding 0.4% and the SPDR S&P Semiconductor ETF (XSD) gaining 0.9%. The Philadelphia Semiconductor index climbed 1.4%. In corporate news, Intel ( INTC ) is working with Morgan Stanley (MS) and Goldman Sachs (GS) on strategy, including the prospect of...
Sector Update: Financial Stocks Edge Up Friday Afternoon
Sector Update: Financial Stocks Edge Up Friday Afternoon
Sep 1, 2024
01:51 PM EDT, 08/30/2024 (MT Newswires) -- Financial stocks edged higher in Friday afternoon trading with the NYSE Financial Index advancing marginally and the Financial Select Sector SPDR Fund (XLF) up 0.1%. The Philadelphia Housing Index shed 0.3%, and the Real Estate Select Sector SPDR Fund (XLRE) was 0.1% up. Bitcoin (BTC-USD) declined 1.5% to $58,461, and the yield for...
Copyright 2023-2025 - www.financetom.com All Rights Reserved