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Stock market news today: Nasdaq futures sink with earnings in driver's seat

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Stocks are struggling under the weight of disappointing Big Tech earnings and rising bond yields.

Nasdaq futures fell on Thursday, promising a further slide into correction territory, as stocks continued to sink under the weight of disappointing Big Tech earnings reports and rising bond yields.Earnings are in the drivers seat for stocks, as investors punish megacaps whose third-quarter reports turned out more downbeat than hoped. Concerns are growing thatnoting Microsoft and Alphabet earnings. "We're getting a series of conflicting signs around market.

Ruffer, a UK-based fund known for winning bets made in the volatility market, is now hoping for a big upswing in the Japanese yen.High interest rates are derailing the ambitions of climate regulators and automakers to accelerate the shift to electric vehicles, underscored Wednesday by the scrapping of a GM-Honda partnership and a warning from a battery maker.

Hui Ka Yan is now worth $979 million. His net worth has taken a 98% tumble since peaking at $42 billion in 2017, per Bloomberg. Pfizer will still benefit from the 25% stake it retained as well as full rights to the drug outside the US and Japan.Rated lowest margin fees by StockBrokers.com. Borrow against your securities at low cost. Rates subject to change. Your capital is at risk.CIBC stock is getting way too cheap to ignore if you're enticed by the more than 7% dividend yield. The post Should You Buy CIBC Stock for its 7.2% Dividend Yield? appeared first on The Motley Fool Canada.

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