U.S. stock futures waver even after Netflix earnings beat as Treasury yields rise

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Early gains for futures lost as Treasury yield rises further above 4%.

How are stock-index futures trading On Tuesday, the Dow Jones Industrial Average DJIA rose 551 points, or 1.86%, to 30186, the S&P 500 SPX increased 95 points, or 2.65%, to 3678, and the Nasdaq Composite COMP gained 354 points, or 3.43%, to 10676. The S&P 500 is up 4% from its 2022 closing low but remains down 22% for the year to date.

U.S. equity futures had been higher in the early hours after a well-received update from Netflix NFLX cemented the impression that the third-quarter earnings season would support the market. Earnings highlights on Wednesday include Procter & Gamble PG , and after the close, Tesla TSLA and IBM IBM .

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Great use of Derry Girls 😉

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines