Year: 2024

S&P Futures are positive this morning as markets remained focused on corporate earnings and Treasury yields. Shares of DECK, LHX, DLR, COF & WDC are higher after earnings releases. U.S. Judge blocks the pending merger between Tapestry & Capri. MSFT to release hot selling video game “call of Duty today on a subscription basis. Durable Goods report is due out this morning – next week’s economic calendar is very active. In Europe, markets are mixed to lower on the back of positive earnings reports. Oil prices are higher with Middle East developments in focus.

S&P Futures are showing gains this morning due to economic and earnings news. China economic numbers came in better than expected & the PBOC indicates more stimulus to come. last night NFLX released a positive earnings report. Shares of SLB & PG are fractionally higher after releasing earnings this morning. CVS replaced its CEO and slashed its quarterly guidance. Nike credit rating was downgraded last night, and revenue is expected to contract next year. In Europe, markets are mostly higher with autos and luxury stocks showing gains. Oil prices have given up early morning gains and is now lower.