A Peek Into The Markets: US Stock Futures Down Following Wednesday's Surge
Pre-open movers
U.S. stock futures traded lower in early pre-market trade. The Dow Jones gained more than 900 points in the previous session following an interest rate hike from the Federal Reserve. Investors are awaiting earnings results from ConocoPhillips NYSE:COP, McKesson Corporation NYSE:MCK, and Kellogg Company NYSE:K.
The Challenger job-cut report for April is scheduled for release at
Check out our premarket coverage here
Futures for the Dow Jones Industrial Average dipped 194 points to 33,775.00 while the Standard & Poor's 500 index futures fell 34.25 points to 4,261.00. Futures for the Nasdaq index fell 142.50 points to 13,388.75.
Oil prices traded slightly lower as Brent crude futures fell 0.1% to trade at
The U.S. has the highest number of COVID-19 cases and deaths in the world, with total infections in the country exceeding 83,356,490 with around 1,023,510 deaths.
Check out this: General Motors And 3 Other Stocks Insiders Are Selling
A Peek Into Global Markets
European markets were higher today. The STOXX Europe 600 Index climbed 1.1%,
Asian markets traded mostly higher today.
Broker Recommendation
JP Morgan upgraded Esperion Therapeutics, Inc. NASDAQ:ESPR from Underweight to Neutral.
Esperion Therapeutics shares rose 1.6% to
Check out this: Executives Buy Around
Breaking News
- eBay Inc. NASDAQ:EBAY reported upbeat results for its first quarter, but issued weak forecast for the current quarter.
- Alphabet Inc-owned NASDAQ:GOOGL Google's
India arm has hiredArchana Gulati , who previously worked for the central government think-tank Niti Aayog, as its new public policy head, according to a Reuters source. - Etsy, Inc. NASDAQ:ETSY reported better-than-expected results for its first quarter, but issued weak sales forecast for the current quarter.
- Identiv, Inc. NASDAQ:INVE reported better-than-expected Q1 results and issued FY22 sales guidance above analyst estimates.
Check out other breaking news here