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Nasdaq 100 Futures

All articles tagged with #nasdaq 100 futures

Market Volatility Expected as Apple Reports Earnings and Fed Decision Looms
finance2 years ago

Market Volatility Expected as Apple Reports Earnings and Fed Decision Looms

Nasdaq 100 futures slipped after Apple reported weak revenue outlook for the December quarter, causing a 3% drop in its stock price. Meanwhile, Square's shares surged 13% on an earnings beat and raised full-year guidance. The stock market experienced a broad rally, with the S&P 500, Dow Jones, and Nasdaq Composite posting their best days in months. The positive momentum may depend on the outcome of the October jobs report. Stocks are on track for sizable weekly gains as investors anticipate the end of the Federal Reserve's rate-hiking campaign.

Tech Earnings Disappoint, European Markets Mixed
finance2 years ago

Tech Earnings Disappoint, European Markets Mixed

European markets were mixed as tech stocks sank 2% on weak U.S. earnings, while mining stocks added 1.4%. The pan-European Stoxx 600 opened slightly lower, with tech stocks dropping 2% following their U.S. counterparts. In Asia-Pacific, Japan's Nikkei 225 led losses after posting its first trade surplus in 23 months. Nasdaq 100 futures slid as Netflix missed second-quarter earnings expectations, and Tesla shares retreated after a warning of a vehicle production slowdown. German producer prices rose slightly in June, and China's state-owned banks were seen buying yuan to slow declines. Goldman Sachs named Chinese stocks likely to benefit from generative AI, while ASML faces risks amid U.S.-China tensions.

"Netflix's Earnings Impact Nasdaq 100 Futures; Tesla Slides on Musk's Comments"
business2 years ago

"Netflix's Earnings Impact Nasdaq 100 Futures; Tesla Slides on Musk's Comments"

Nasdaq 100 futures slipped 0.6% after Netflix posted its second-quarter earnings report, causing shares of the streaming giant to drop 7%. Despite this, the Dow climbed over 109 points, marking its eighth consecutive day in the green, while the S&P 500 and Nasdaq Composite also saw gains. The majority of S&P 500 companies have exceeded estimates, fueling optimism for the economy. Additionally, oil prices are rebounding due to a resilient U.S. economy and production cuts. In extended trading, Netflix, IBM, and Tesla saw their shares decline after reporting their quarterly results.