Stocks posted losses yesterday after several prominent companies reported slower-than-expected earnings figures. The NASDAQ was the biggest loser with 1.2% declines, while the DJIA and S&P 500 suffered only fractional losses.
This morning, US futures are pointing to a slightly higher open, Fed Chairman Jerome Powell is set to speak today, and his comments could have a major impact on today’s trading action.
Today’s featured earnings docket includes pre-bell reports from Shopify (SHOP), Boeing (BA), General Electric (GE), and General Motors (GM). After the close, we have Paypal (PYPL), Facebook (FB), and Qualcomm (QCOM).
These stocks are making big moves this morning in pre market.