Stock futures were lower Thursday after the S&P 500 tumbled 1.3% during the previous session as bonds continued to sell off. The yield on the 10-year U.S. Treasury stood at 4.979% early Thursday, edging closer to 5% for the first time since 2007.
American depositary receipts of Taiwan Semiconductor Manufacturing rose 2.4% after the world’s largest contract chip maker said it expects fourth-quarter revenue of between $18.8 billion and $19.6 billion, higher than $17.3 billion in the previous quarter. Las Vegas Sands posted third-quarter earnings of 50 cents a share, below consensus forecasts of 55 cents but revenue jumped to $2.8 billion from $1.01 billion a year earlier. The casino operator also announced its board approved a buyback program of $2 billion through 2025. The stock jumped 4.8%.
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks lower, Tesla on deck, Netflix earnings in focus, United Airlines slumps, oil surgesStocks lower, Tesla, Netflix United Airlines earnings, oil surges
Source: startelegram - 🏆 248. / 63 Read more »