Futures pointed to a mixed open for stocks in Japan. The Nikkei futures contract in Chicago was at 22,810 while its counterpart in Osaka was at 22,750. That compared against theShares in Australia were poised to slip at the open, with the SPI futures contract at 5,990, as compared to theThe overall tone is expected to be "cautious" following yesterday's sharp fall in Chinese stocks along with a "miss" in U.S.
, came in worse than analysts' forecast and showed the nation's economy entering a technical recession.
The Chinese stock market does what the CCP wants it to do.
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Stock futures open little changed after Netflix earnings miss and its shares tankU.S. stock futures were flat Thursday night after Netflix's quarterly report sent the stock tumbling. Subscribers crushed projections, but light subscriber forecast 🤦🏻♂️ Same old second quarter story. Not worried. Keep pumping and make traps for other FANNG stocks. NFLX is the first one. We will see AAPL dumping as no more Chinese buying iPhone.
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European stocks head for lower open, shrugging off Chinese growth data that beat expectationsEuropean stocks are expected to open in negative territory on Thursday, failing to get a boost from Chinese growth data showing a rebound in the economy.
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