financetom
World
financetom
/
World
/
Stock Futures Mixed Ahead of Key Corporate Earnings; Asia Churns, Europe Down
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
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.

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 >
Asia shares on a roll as SNB kicks off rate cuts
Asia shares on a roll as SNB kicks off rate cuts
Mar 21, 2024
SINGAPORE (Reuters) - Asian stocks were near a weekly gain on Friday and the Nikkei charged to a record high, riding a rally from its global counterparts after a surprise rate cut from the Swiss National Bank had investors wagering who could be next. The SNB's 25 basis point rate cut on Thursday proved a shot in the arm for...
GLOBAL MARKETS-Asia shares on a roll as SNB kicks off rate cuts
GLOBAL MARKETS-Asia shares on a roll as SNB kicks off rate cuts
Mar 21, 2024
SINGAPORE, March 22 (Reuters) - Asian stocks were near a weekly gain on Friday and the Nikkei charged to a record high, riding a rally from its global counterparts after a surprise rate cut from the Swiss National Bank had investors wagering who could be next. The SNB's 25 basis point rate cut on Thursday proved a shot in the...
GLOBAL MARKETS-China gloom sucks life out of Asia's rate cut cheer
GLOBAL MARKETS-China gloom sucks life out of Asia's rate cut cheer
Mar 21, 2024
(Recasts to lead on Chinese markets, updates prices) By Rae Wee SINGAPORE, March 22 (Reuters) - Chinese stocks were a sea of red on Friday and the yuan fell sharply, dragging down the broader mood in Asia and putting a dent in the rate cut rally after a surprise move from the Swiss National Bank had investors wagering on who...
China yuan falls to four-month low, state banks step in
China yuan falls to four-month low, state banks step in
Mar 21, 2024
(Updates to midday) SHANGHAI, March 22 (Reuters) - China's yuan declined to a four-month low against the dollar on Friday, breaching a key threshold and prompting state-owned banks to step in to defend the currency. In the spot market, the onshore yuan fell to the weak side of the psychologically important 7.2 per dollar level to hit a low of...
Copyright 2023-2025 - www.financetom.com All Rights Reserved