Stock futures are flat after S&P has best day since March on strong earnings

Futures contracts tied to the Dow Jones Industrial Average gained 36 points. S&P 500 futures advanced 0.11%, while Nasdaq 100 futures were up 0.12%.

The gains come amid a strong start to earnings season. Eight members of the S&P 500 posted quarterly results on Thursday morning, with each one topping Wall Street's expectations. Financial heavyweights Bank of America, Morgan Stanley and Citigroup were among the names that reported. Goldman Sachs, J.B. Hunt and PNC Financial are among the names that will report quarterly results on Friday.

Thursday's gains came despite high high inflation readings, which some have warned could derail the economic recovery. The consumer price index jumped 0.4% in September and 5.4% year over year, according to data from the Labor Department.

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Typhoon prompts Hong Kong to close schools, stock marketBEIJING (AP) — Hong Kong suspended classes, stock market trading and government services as a typhoon passed south of the city Wednesday. Heavy rain from Typhoon Kompasu could flood low-lying areas and residents should take precautions, the Hong Kong Observatory said. It is just pulling the leg I just want to say a big thank you to markdonaldlisaT I was nobody until a friend of mine introduced you to me it has been nothing but financial success for me, I will continue to share your good name ma’am. Buy puts on China stocks lol
Source: AP - 🏆 728. / 51 Read more »

Stock Futures Waver Ahead of Inflation Data, EarningsU.S. stock futures ticked down ahead of fresh data on consumer prices and the start of earnings season, both of which are expected to provide insight into whether inflation concerns are warranted. JPMorgan, BlackRock and Delta Air Lines will post earnings ahead of the opening bell.
Source: WSJ - 🏆 98. / 63 Read more »