financetom
World
financetom
/
World
/
Stocks Wobble Pre-Bell Ahead of Latest Earnings Round; Asia, Europe Rise
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Stocks Wobble Pre-Bell Ahead of Latest Earnings Round; Asia, Europe Rise
Nov 3, 2024 1:33 PM

07:09 AM EDT, 10/29/2024 (MT Newswires) -- US equity futures were mixed to slightly lower before the open Tuesday as investors await the latest round of corporate earnings.

Standard & Poor's 500 and the Dow Jones Industrial Average edged down 0.1% each in premarket activity, while the Nasdaq was slightly in the green. The majority of Asian exchanges were heading north, while European bourses were trending higher midday on the continent.

Novartis ( NVS ) , McDonald's (MCD), Pfizer ( PFE ) , PayPal ( PYPL ) , D.R. Horton ( DHI ) , Royal Caribbean Cruises ( RCL ) , Check Point Software Technologies ( CHKP ) and SoFi Technologies ( SOFI ) report their latest financial results before the bell, among others.

Google ( GOOG ) parent Alphabet (GOOG, GOOGL), Visa (V), Advanced Micro Devices ( AMD ) , Stryker (SYK) and Chipotle Mexican Grill ( CMG ) post earnings after the markets close.

Shares of Ford Motor ( F ) dropped 6.1% pre-bell after the automaker guided its full-year core earnings to the low end of its previously issued outlook range. Cadence Design Systems ( CDNS ) advanced 6.8% as the company reported better-than-expected third-quarter results. Trump Media & Technology Group's ( DJT ) stock spiked 11%.

On the economic calendar, the international trade in goods, retail inventories and wholesale inventories reports for September are out at 8:30 am ET. The Case-Shiller Home Price Index and the Federal Housing Finance Agency House Price Index, both for August, are due at 9 am.

The Conference Board's consumer confidence report for October is scheduled for a 10 am release, along with the Job Openings and Labor Turnover Survey for September.

Before the opening bell, bitcoin increased 2.2% to $71,174, West Texas Intermediate crude oil rose 1.1% to $68.12 a barrel, yields on 10-year Treasuries inclined 1.8 basis points to nearly 4.3% and gold moved up 0.2% to $2,761 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 >
Japan's Nikkei slips on profit booking after BOJ decision
Japan's Nikkei slips on profit booking after BOJ decision
Oct 30, 2024
(Updates at 0441 GMT) TOKYO, Oct 31 (Reuters) - Japan's Nikkei share average index slipped on Thursday, as investors locked in their profits after the Bank of Japan kept key rates unchanged. The Nikkei fell 1% at 38,875.78 as of 0441 GMT, after tracking the overnight declines in U.S. equities to open 0.25% lower. The broader Topix slipped 0.84% to...
MORNING BID EUROPE-Clouds gather over 'Mag 7' earnings
MORNING BID EUROPE-Clouds gather over 'Mag 7' earnings
Oct 30, 2024
A look at the day ahead in European and global markets from Kevin Buckland Mega-tech earnings remain in the spotlight on Thursday, particularly after the Bank of Japan's as-expected decision to hold policy steady failed to give the market any new trading cues. Apple and Amazon, two of the so-called Magnificent 7, will report results to Wall Street on Thursday,...
CANADA STOCKS-TSX falls as mining shares weigh
CANADA STOCKS-TSX falls as mining shares weigh
Oct 30, 2024
(Updated at 10:10 a.m. ET/ 1410 GMT) By Nikhil Sharma Oct 30 (Reuters) - Canada's main stock index fell on Wednesday, with mining shares leading the declines, as investors rushed to book profits ahead of the U.S. presidential election and Federal Reserve's rate-setting meeting next week. The S&P/TSX composite index was down 36.6 points, or 0.15%, at 24,525.95. Materials shares...
Japan's Nikkei slips on profit-taking after BOJ decision
Japan's Nikkei slips on profit-taking after BOJ decision
Oct 30, 2024
(Updates at 0600 GMT) TOKYO, Oct 31 (Reuters) - Japan's Nikkei share average index ended lower on Thursday as investors locked in profits after the Bank of Japan (BOJ) kept key rates unchanged. The Nikkei fell 0.5% to close at 39,081.25. The index tracked overnight declines in U.S. equities to open 0.25% lower. It fell more than 1% after the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved