Get Breaking Alerts on Stocks Before The Mainstream Media

Stay informed of the biggest news on stocks so you can react before 90% of retail investors.
Email address
We guarantee you to keep your privacy
Connect with us
Financial Press
market-snapshot:-us.-stock-futures-pause-as-earnings-season-kicks-off-after-tech-stock-dive
market-snapshot:-us.-stock-futures-pause-as-earnings-season-kicks-off-after-tech-stock-dive

Breaking

Market Snapshot: U.S. stock futures pause as earnings season kicks off after tech stock dive

U.S. stock index futures were steady on Friday after the previous session’s slide, when worries about interest rates again pressured equities.

What’s happening
  • Futures on the Dow Jones Industrial Average
    YM00,
    -0.60%

    rose 94 points, or 0.3%, to 36083

  • Futures on the S&P 500
    ES00,
    -0.66%

    rose 7 points, or 0.2%, to 4659

  • Futures on the Nasdaq 100
    NQ00,
    -0.86%

    fell 4 points, a fractional percentage decline, to 15486

On Thursday, the Dow Jones Industrial Average
DJIA,
-0.49%

fell 177 points, or 0.49%, to 36114, the S&P 500
SPX,
-1.42%

declined 67 points, or 1.42%, to 4659, and the Nasdaq Composite
COMP,
-2.51%

dropped 382 points, or 2.51%, to 14807.

Get Breaking Stock Alerts

Stay informed of the biggest news on stocks so you can react before 90% of retail investors.
Email address
We are Spam free & Secure 🙂
What’s driving markets

Comments from several Federal Reserve speakers this week showed central bank officials were thinking about making as many as five interest rate hikes in 2022, though three increases is what the dot plot of economic projections by policymakers is currently forecasting.

“The three-day U.S. tech rally fell apart, despite Treasury yields moving lower, following a selection of updates from Fed speakers in the past couple of days,” said Ian Williams, a strategist at U.K. broker Peel Hunt.

New York Fed President John Williams, a key official, is due to speak Friday, and there also will be the release of U.S. December retail sales and University of Michigan consumer sentiment data.

Earnings reporting season unofficially starts as well on Friday, with several major banks including JPMorgan Chase
JPM,
-0.12%

and Wells Fargo
WFC,
-0.71%

each reporting stronger fourth-quarter earnings than forecast.

Written By

Click to comment

Leave a Reply

Your email address will not be published.

Related Articles

Breaking

This report has been corrected with updated data for a prior share-price decline. Verizon Communications Inc. recently offered a better-than-expected earnings outlook for the...

Breaking

An earlier version of this report misstated AT&T’s postpaid net additions. It has been corrected. A leaner AT&T Inc. topped revenue expectations Wednesday as...

Breaking

Teradyne Inc.’s first-quarter financial guidance fell short of Wall Street projections, sending shares down nearly 20% in after-hours trading to $115.03. The company projected...

Breaking

Lam Research Corp. shares plunged in late trading Wednesday after the chip-equipment supplier reported worse-than-expected fiscal second-quarter revenue and third-quarter guidance, which the chief...

Get Breaking Stock Alerts

Stay informed of the biggest news on stocks so you can react before 90% of retail investors.
Email address
We are Spam free & Secure :)

Get Breaking Stock Alerts

Email address

Get Breaking Stock Alerts

Stay informed of the biggest news on stocks so you can react before 90% of retail investors.
Email address