Stock Market Today: S&P 500, Nasdaq, Dow Jones Futures Rise— Micron, Bitmine, Coinbase In Focus

3 months ago

U.S. stock futures rose on Monday following Friday’s advances. Futures of major benchmark indices were higher.

On Sunday, President Donald Trump again warned that the U.S. economy would face significant challenges if the Supreme Court rules against the majority of the tariffs imposed this year.

Investors will watch out for major earnings this week, which includes Tesla (NASDAQ:TSLA), Intel (NASDAQ INTC), Netflix (NASDAQ:NFLX), Coca-Cola (NYSE:KO) and Procter & Gamble (NYSE:PG)

Transcript

00:00all right futures are green across the board here a little bit of uh green arrows as we move

00:13into the pre-market open here into the open i got the s p up 0.29 percent the dow up 0.1 percent

00:21and the nasdaq leading the way higher at 0.38 percent ahead of the open let's also take a look

00:27at some cues from last session here the market ended on a broadly positive note on friday with

00:33most sectors finishing higher consumer staples was the top performing sector posting a significant

00:38gain of 1.23 percent other strong performers included financials and energy on the negative

00:44side only two sectors declined utilities was the biggest laggard followed by materials all three

00:50benchmark indices logged weekly gains with the s p 500 advancing 0.63 percent the nasdaq up 0.4

00:57five percent and the dow up by 0.52 percent on sunday president trump again warned that the u.s

01:07economy would face significant challenges if the supreme court were to rule against the majority

01:11of the tariffs imposed earlier this year investors will watch out for major earnings this week which

01:18include tesla intel netflix coca-cola and procter and gamble the 10-year treasury bond back above four

01:26percent at 4.01 percent and the two-year bond is at 3.47 percent now we do have some stocks in focus

01:34here today the first one is going to be cleveland cliffs this is ticker clf it rose 1.13 percent in

01:41the pre-market on monday as analysts expect it to report a quarterly loss of 48 cents per share on revenue

01:49of 4.9 billion now it does look like cleveland cliffs earnings are out here let me see if i can

01:55actually get that for you uh eps was minus 0.482 versus the minus 0.45 estimate uh it looks like

02:03cleveland cliffs here is trading higher uh in the pre-market here looks like we had a high there

02:0814.98 it's backed off a little bit here at 14 uh 14.45 so right under 14.50 uh looks like that is

02:18trading higher here micron the second stock on the list that's ticker mu that was up 3.27 percent

02:24following a reuters report that the company will stop providing server chips to data centers in china

02:30so uh micron also uh trading up here in the pre-market i know we took a look at those charts

02:36last week that one still very extended micron printing 210 here in the pre-market moderna

02:42ticker mrna that was up 0.65 percent after the government's renewed national immunization strategy

02:50to combat rising covid19 variants bm and are making our list here bitmine immersion technologies that

02:58jumped 6.1 percent after the co-founder and ceo tom lee announced that the digital asset treasury firm

03:04will be launching a staking solution excuse me staking solution quote very soon also worth noting

03:11bitcoin was up here this morning followed by ethereum that's generally bringing uh bitmine

03:16immersion with it coinbase rounds out our list here ticker coin shares advanced 3.58 percent after

03:23the company unveiled an all-in-one financial platform for small and medium businesses enabling

03:28them to receive crypto manage assets and earn up to 4.1 apy on us dc stable coins

Stock Market Today: S&P 500, Nasdaq, Dow Jones Futures Rise— Micron, Bitmine, Coinbase In Focus

Category

Transcript

Be the first to comment

Recommended