Advertisement
Canada markets open in 27 minutes

  • S&P/TSX

    21,871.96
    +64.59 (+0.30%)
     

  • S&P 500

    5,010.60
    +43.37 (+0.87%)
     

  • DOW

    38,239.98
    +253.58 (+0.67%)
     

  • CAD/USD

    0.7300
    -0.0001 (-0.02%)
     

  • CRUDE OIL

    80.94
    -0.96 (-1.17%)
     

  • Bitcoin CAD

    90,610.28
    +132.33 (+0.15%)
     

  • CMC Crypto 200

    1,418.72
    +3.96 (+0.28%)
     

  • GOLD FUTURES

    2,324.30
    -22.10 (-0.94%)
     

  • RUSSELL 2000

    1,967.47
    +19.82 (+1.02%)
     

  • 10-Yr Bond

    4.6460
    +0.0230 (+0.50%)
     

  • NASDAQ futures

    17,416.25
    +66.25 (+0.38%)
     

  • VOLATILITY

    16.55
    -0.39 (-2.30%)
     

  • FTSE

    8,035.24
    +11.37 (+0.14%)
     

  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     

  • CAD/EUR

    0.6840
    -0.0010 (-0.15%)
     
MARKETS LIVE BLOG:

STOCK FUTURES CLIMB AS RESULTS SEASON KICKS INTO HIGH GEAR

Tech-focused investors prepare for fresh wave of earnings highlighted by struggling Tesla

Stocks - U.S. Futures Flat Ahead of Corporate Earnings

Investing.com
U.S. futures pointed to a flat opening bell on Wall Street.
U.S. futures pointed to a flat opening bell on Wall Street.

Investing.com - U.S. futures inched forward on Thursday as investors look ahead to corporate earnings and monitor news for geopolitical and trade developments.

The S&P 500 futures rose 2 points, or 0.10%, to 2,858.0 as of 6:50 AM ET (10:50 GMT) while Dow futures were up 12 points, or 0.05%, to 25,548.0. Meanwhile tech heavy Nasdaq 100 futures increased 7 points, or 0.10%,to 7,478.75.

Media companies are in focus as dozens of companies release their corporate results as earnings season winds down. Nearly 90% of S&P 500 companies have released results, with 77% reporting better than expected profits, according to FactSet.

ADVERTISEMENT

Viacom Inc (NASDAQ:VIA), the parent company of MTV, Nickelodeon and Paramount, is expected to release its earnings before the opening bell. News Corp (NASDAQ:NWSA), Tronc Inc (NASDAQ:TRNC), Dropbox Inc (NASDAQ:DBX), Planet Fitness Inc (NYSE:PLNT), and others are also reporting financial results.

Yelp Inc (NYSE:YELP) was among the top gainers in pre-market trading, surging 16.09% after its second-quarter financial results came in higher than expected. Facebook (NASDAQ:FB) increased 0.55% while Chinese e-commerce giant Alibaba (NYSE:BABA) gained 0.92% and Roku Inc (NASDAQ:ROKU) rose 12.17% after its corporate earnings beat expectations.

Elsewhere Tesla (NASDAQ:TSLA) fell 0.90% while semiconductor Micron Technology Inc (NASDAQ:MU) was down 1.16% and JPMorgan (NYSE:JPM) lost 0.68%.

On the data front, jobless claims and the producer price index come out at 8:30 AM ET (12:30 GMT), with wholesale inventories at 10:00 AM ET (13:00 GMT). Chicago Federal Reserve President Charles Evans is also speaking in a group media interview in Chicago.

In Europe stocks were mixed. Germany’s DAX rose 39 points or 0.31% while in France the CAC 40 decreased 9 points or 0.17% and in London, the FTSE 100 was down 51 points or 0.67%. Meanwhile the pan-European Euro Stoxx 50 gained over half a point or 0.02% while Spain’s IBEX 35 inched down 6 points or 0.06%.

In commodities, gold futures rose 0.14% to $1,222.70 a troy ounce while crude oil futures were down 0.04% to $66.91 a barrel. The U.S. dollar index which measures the greenback against a basket of six major currencies, inched up 0.08% to 95.03.

Related Articles

Viacom reports 3.7 percent drop in quarterly revenue

Icahn ratchets up pressure against Cigna-Express Scripts deal

United Arab Emirates stocks lower at close of trade; DFM General down 0.97%