for the December quarter. Though the company beat on top and bottom lines in its fiscal fourth quarter, overall sales declined for the fourth quarter in a row. Elsewhere, shares ofWhether that positive momentum continues could depend on the outcome of October's jobs report, due Friday morning.
The Dow is up 4.4%, on pace for its best weekly performance since October 2022. The S&P 500 is tracking for a 4.9% advance on the week, while the Nasdaq is up 5.2% — both are tracking for their best week since November 2022.In the world of earnings, consumer goods giant Church & Dwight will issue quarterly results Friday morning, along with Dominion Energy and Cardinal Health.
Stock futures opened lower on Thursday as Apple slipped in extended trading after reporting fiscal fourth-quarter results. Futures tied to the Nasdaq 100 fell 0.3%, while S&P 500 futures declined 0.1%. Dow Jones Industrial Average futures pulled back 8 points, or 0.02%.
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Nasdaq 100, EUR/USD Forecast: Fed Policy Outlook to Dictate Market TrendThe Fed's monetary policy guidance at its penultimate meeting of the year will help determine the short-term outlook for the Nasdaq 100 and EUR/USD. For this reason, traders should pay close attention to Powell's press conference on Wednesday.
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