financetom
Market
financetom
/
Market
/
Traders Digest Alphabet Earnings as US Equity Futures Waver Pre-Bell
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Traders Digest Alphabet Earnings as US Equity Futures Waver Pre-Bell
Nov 3, 2024 2:54 PM

08:10 AM EDT, 10/30/2024 (MT Newswires) -- US equity futures were little changed pre-bell Wednesday as traders digested strong results from technology giant Alphabet (GOOG, GOOGL).

Dow Jones Industrial Average futures slipped 0.2%, S&P 500 futures flatlined, and Nasdaq futures were up 0.1%.

Alphabet shares were up more than 6% pre-bell after the company reported late Tuesday higher Q3 earnings and revenue that topped estimates from analysts compiled by Capital IQ.

Oil prices were higher, with front-month global benchmark North Sea Brent crude up 1.2% at $71.53 per barrel and US West Texas Intermediate crude up 1.2% at $68 per barrel.

Private payrolls based on ADP Institute's Employment Report, scheduled for release at 8:15 am ET, are seen rising by 110,000 in October following a 143,000 increase in September, according to estimates compiled by Bloomberg.

Q3 gross domestic product growth, due at 8:30 am ET, is seen unchanged at a 3.0% annual rate.

The US Treasury is also scheduled to announce its funding needs for the next two quarters at 8:30 am ET.

The Pending Home Sales Index, due at 10 am ET, is seen rising by 1.9% in September following a 0.6% gain in August.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Japan's Nikkei ends at record high on Wall Street gains, weaker yen
Japan's Nikkei ends at record high on Wall Street gains, weaker yen
Mar 22, 2024
(Updates to closing prices) TOKYO, March 22 (Reuters) - Japan's Nikkei share average closed at an all-time high on Friday, underpinned by record gains on Wall Street overnight and strength in automakers' stocks on a weaker yen. The Nikkei rose 0.18% to end at 40,888.43, after hitting 41,087.75 earlier in the session to break an all-time intraday high. The index,...
Sector Update: Health Care
Sector Update: Health Care
Mar 21, 2024
03:42 PM EDT, 03/21/2024 (MT Newswires) -- Health care stocks rose late Thursday afternoon with the NYSE Health Care Index adding 0.2% and the Health Care Select Sector SPDR Fund (XLV) rising 0.3%. The iShares Biotechnology ETF (IBB) climbed 0.9%. In corporate news, Eledon Pharmaceuticals ( ELDN ) shares surged 12% after it said its tegoprubart monoclonal antibody was used...
Japan's Nikkei hits record high on Wall Street gains, weaker yen
Japan's Nikkei hits record high on Wall Street gains, weaker yen
Mar 21, 2024
TOKYO, March 22 (Reuters) - Japan's Nikkei share average hit a record high on Friday, underpinned by the strength on Wall Street overnight and as a weaker yen prompted investors to buy automakers. The Nikkei rose to as high as 41,087.75 earlier in the session, crossing the 41,000 level for the first time. The index ended 0.07% higher at 40,844.53...
Sector Update: Financial
Sector Update: Financial
Mar 21, 2024
03:19 PM EDT, 03/21/2024 (MT Newswires) -- Financial stocks advanced late Thursday afternoon, with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each rising 0.9%. The Philadelphia Housing Index climbed 1.8%, and the Real Estate Select Sector SPDR Fund (XLRE) was adding 0.4% Bitcoin (BTC-USD) dropped 4% to $65,176, and the yield for 10-year US Treasuries...
Copyright 2023-2025 - www.financetom.com All Rights Reserved