U.S. stock futures advance as earnings season heats up

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 97%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

U.S. stock futures edged higher Tuesday on hopes a raft of corporate earnings results will help markets break out of a recent rut.

What’s happening On a quiet Monday with several international markets shut, the Dow Jones Industrial Average DJIA fell 40 points, or 0.11%, to 34412, the S&P 500 SPX declined 1 point, or 0.02%, to 4392, and the Nasdaq Composite COMP dropped 19 points, or 0.14%, to 13332.What’s happening On a quiet Monday with several international markets shut, the Dow Jones Industrial Average DJIA fell 40 points, or 0.11%, to 34412, the S&P 500 SPX declined 1 point, or 0.

Netflix shares have been hammered this year, skidding 44%, on investor concern about their subscription numbers. The average implied earnings move for S&P 500 companies based on options prices is plus or minus 4%, according to strategists at UBS. That’s a bit lower than the fourth quarter of 2021, but above the 10-year average, the strategists said.

The U.S. economics calendar including housing starts and a speech by Chicago President Charles Evans. The International Monetary Fund is due to release its world economic outlook, a day after the World Bank slashed its global growth forecast. The airlines sector will be in the spotlight as well after a federal judge halted the mask mandate on planes, a move that the industry championed.

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 SG
 

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

Looking for a 1000x ? $DEGEN awaits you to go to the moon together. There are a shill contest as well, Join to win! Big boys joined to crypto! LFG

Advance?

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. stock futures fall headed into big earnings weekNasdaq-100 futures slid more than 1% Sunday ahead of earnings from Netflix, Tesla and others this week. Yep. BS BTFD
Source: MarketWatch - 🏆 3. / 97 Read more »

U.S. stock futures slip headed into big earnings weekNasdaq-100 futures slid more than 1% Sunday ahead of earnings from Netflix, Tesla and others this week.
Source: MarketWatch - 🏆 3. / 97 Read more »

Stock Futures Rise Ahead of Busy Earnings DayStock futures moved higher on Monday evening after stocks slipped during regular trading hours.
Source: NBCDFW - 🏆 288. / 63 Read more »

5 things to know before the stock market opens MondayU.S. stock futures fell Monday as the 10-year Treasury yield rose to a more than three-year high of around 2.87%.
Source: CNBC - 🏆 12. / 72 Read more »

S&P 500 Futures Slide Ahead of a Huge Week of Earnings ReportsEarnings season ramps up in the week ahead and investors will be paying close attention to forward guidance
Source: nbcchicago - 🏆 545. / 51 Read more »