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Stock Futures Mixed Ahead of Key Corporate Earnings; Asia Churns, Europe Down
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Stock Futures Mixed Ahead of Key Corporate Earnings; Asia Churns, Europe Down
Nov 19, 2024 8:47 PM

07:15 AM EST, 11/18/2024 (MT Newswires) -- The benchmark US stock measures were mixed ahead of Monday's opening bell as investors await earnings from some major companies scheduled to be released later in the week.

Standard & Poor's 500 was flat, the Nasdaq gained 0.3% and the Dow Jones Industrial Average was down 0.4%. Asian exchanges were mixed to lower, while the majority of European bourses were tracking in the red midday on the continent.

Nvidia ( NVDA ) , Walmart ( WMT ) , Lowe's (LOW), Intuit (INTU), PDD Holdings ( PDD ) , TJX (TJX), Medtronic ( MDT ) , Palo Alto Networks ( PANW ) , Deere (DE), Target ( TGT ) and Snowflake (SNOW) are scheduled to release their latest financial reports later in the week.

Brady (BRC) and Twist Bioscience ( TWST ) post earnings early Monday, among others. Trip.com ( TCOM ) and Symbotic ( SYM ) are slated to disclose their results after the markets close.

Shares of Tesla (TSLA) spiked 7.9% pre-bell following media reports that President-elect Donald Trump wants to relax self-driving rules in the US. Super Micro Computer ( SMCI ) jumped about 13%, while Nvidia ( NVDA ) was down nearly 2%.

On the thin economic calendar, the housing market index for November is out at 10 am ET. Federal Reserve Bank of Chicago President Austan Goolsbee is slated to speak at 10 am.

Before the opening bell, bitcoin inclined 0.7% to $90,347, West Texas Intermediate crude oil inched 0.4% higher to $67.29 a barrel, yields on 10-year Treasuries advanced 3.9 basis points to 4.47% and gold increased nearly 1% to $2,596 an ounce.

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