Stock Market Today: S&P 500, Dow Futures Rise Ahead Of Delayed September CPI Report—Intel, Ford, Procter & Gamble In Focus

Benzinga

U.S. stock futures advanced on Friday following Thursday’s positive moves. Futures of major benchmark indices were higher.  Amid the delay caused by the impending government shutdown, the Bureau of Labor Statistics is scheduled to release the September Consumer Price Index (CPI) report today.  Meanwhile, trade relations with America's closest ally cratered, with President Donald Trump stating on social media, "ALL TRADE NEGOTIATIONS WITH CANADA ARE HEREBY TERMINATED," over a dispute involving an anti-tariff advertisement by Canada.

Transcript

00:00all right futures are green pretty much across the board here ahead of friday's open for october

00:1124th s&p futures up 0.34 percent dow futures up 0.18 percent and the nasdaq up 0.49 percent

00:20ahead of the open let's go ahead and take a look at some cues from last session wasn't a whole lot

00:27uh based on the sector performance data from wednesday uh-oh the market saw broad gains with

00:33all of the sectors up that is this the right producer yeah it is um the u.s futures advanced

00:41on friday following thursday's positive move move excuse me futures of major benchmark indices did

00:48end up higher and actually they're set to open higher here today as well amid the delay caused

00:54by the impending government shutdown the bureau of labor statistics is scheduled to release the

00:58september consumer price index or cpi report today meanwhile trade relations with america's closest

01:04ally um cratered with president trump stating on social media all trade negotiations with canada

01:11are hereby terminated over a dispute involving an anti-tariff advertisement that can't uh by

01:16advertisement by canada they had altered a ronald reagan uh post without permission and cut out

01:23important parts of that the 10-year treasury bond yielded 4.01 percent and the two-year bond was at

01:293.49 percent and we do have a lot of individual stocks in focus and the biggest one here is intel

01:36that made a huge move yesterday after hours after it uh reported earnings intel jumped 8.44 percent in the

01:45pre-market on friday after reporting stronger than expected financial results for the third quarter

01:50its revenue of 13.65 billion beat analyst estimates of 13.14 billion and earnings of 23 cents per share

01:58beat estimates of one cent per share so uh intel actually having a pretty good morning here today

02:04as well uh it's actually holding on to 40 right now 40 81 it was a little bit higher earlier today

02:10high of the pre-market this morning looks like it was about 41 and a half so pretty uh pretty good

02:16pretty good move there for intel for it is the second stock on the list here for it grows 2.51

02:22after reporting better than expected financial results with a quarterly earnings of 45 cents per

02:27share with which beat the analyst estimate of 36 cents and revenue of 47.18 billion that was above

02:34the 43.07 billion estimate deckers outdoors the ugg parent company it is ugg season as we were reminded

02:42a number of times uh deckers dropped 10.9 percent despite better than expected financial results and

02:48an issue disappointing full-year sales guidance the thing about deckers actually is that's at a pretty

02:53decent support level right now now that it's trading down here i've got it at about 90 bucks

02:58actually it looks like maybe we ended up breaking that yeah 94 uh was the support level yesterday

03:04and the after hours end up moving beneath that here today we'll see how deckers does perhaps there's a

03:10perhaps there's some more downside uh so we'll see there on ticker d e c k next is plug power this is

03:18one that you folks look at a lot or that we talk about quite a bit here ticker plug that advanced

03:244.51 after it announced a milestone deployment of its gen drive hydrogen fuel systems and gen fuel

03:32infrastructure at floor and decor ticker fnd um the distribution center in fredrickson washington floor

03:40and decor awesome store by the way procter and gamble rounds out our list here that's ticker pg

03:46shares were 0.39 percent higher as it is scheduled to report earnings before the opening bell it's done

03:52that now had an adjusted eps of 199 which beat the 190 estimate and sales of 22.386 billion beat the

04:01estimate of 22.175 billion so a beat on the top in the bottom line for procter and gamble and that

04:07stock i believe was still holding higher oh yeah 157.78 your high print stock closed at 151.15 yesterday

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