A Peek Into The Markets: US Stock Futures Down Ahead Of Fed Minutes
Pre-open movers
U.S. stock futures traded lower in early pre-market trade after the Nasdaq Composite dipped more than 300 points in the previous session. Investors are awaiting earnings results from RPM International Inc. NYSE:RPM, Levi Strauss & Co. NYSE:LEVI and The Greenbrier Companies, Inc. NYSE:GBX.
Philadelphia Fed President
Futures for the Dow Jones Industrial Average dipped 104 points to 34,446.00 while the Standard & Poor's 500 index futures fell 16.25 points to 4,504.00. Futures for the Nasdaq index fell 84.25 points to 14,743.75.
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Oil prices traded higher as Brent crude futures rose 1.2% 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 81,900,010 with around 1,009,390 deaths.
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A Peek Into Global Markets
European markets were lower today. The STOXX Europe 600 Index fell 0.8%, while
Asian markets traded mostly lower today.
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Piper Sandler downgraded Ameriprise Financial, Inc NYSE:AMP from Neutral to Underweight and lowered the price target from
Ameriprise Financial shares fell 0.2% to
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Breaking News
- SMART Global Holdings, Inc. NASDAQ:SGH reported upbeat results for its second quarter. The company also said it sees Q3 adjusted EPS of
$0.67 to$0.83 on sales of$435 million to$475 million . China's key battery supplier Contemporary Amperex Technology (CATL) said on Wednesday it has secured the second partial approval for the commissioning of a new plant for battery cell production in Thuringia,Germany .- Longeveron Inc. NASDAQ:LGVN filed for a
$50 million mixed securities offering. - Goldman Sachs Group Inc NYSE:GS plans to add over-the-counter (OTC) Ethereum (CRYPTO: ETH) options trading to its list of crypto product offerings.
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