Stock Market Today: S&P 500, Dow Jones Futures Rise After Stellar October Gains— Micron Tech, Palantir, Hims & Hers In Focus

Benzinga

U.S. stock futures advanced on Monday after Friday’s positive moves. Futures of major benchmark indices were higher.  Even as the government shutdown continued for over a month, the stocks gained in October; the S&P 500 added 1.85%, the Dow surged 1.72%, and the Nasdaq jumped 4.33%.

Transcript

00:00futures mixed ahead of our open here today s p futures up 0.2 percent here this morning

00:11dow futures down 0.11 percent and the nasdaq up 0.52 percent oh come on cues from last session

00:20here sectors gaining on friday included consumer discretionary and energy stocks which bucked the

00:25overall market trend most sectors on the s p 500 however closed negatively with consumer staples

00:31materials and utility stocks recording the biggest losses for the session u.s stock futures advanced on

00:38monday after friday's positive moves futures of major benchmark indices were higher the dow only

00:43one lag in here lagging by 0.12 percent as of this reading even as the government shutdown continued

00:49for over a month the stocks gained in october s p 500 added 1.85 percent the dow surged 1.72 percent

00:57and the nasdaq jumped 4.33 percent meanwhile president trump defended his economic record

01:03pointing to a surging stock market as a rebuttal to concerns like higher inflation and high grocery

01:08prices additionally he identified several key sectors that he says are directly benefiting from

01:14his administration's economic policies the 10-year treasury bond yielded 4.08 percent and the two-year

01:21bond was at 3.58 percent we do have some stocks in focus for this monday micron is first on the list

01:29that jumped 4.32 percent in pre-market on monday following multiple updates from last week which

01:35include an upbeat memory chip forecast from sk hynix and ceo sanjay marotra uh selling

01:445.13 million in stock last week a micron still very high rankings on the benzinga rankings meter

01:51and also an intact short medium and long-term price trend the second stock on our list here today is

01:58spirit aero systems this is ticker spr it tumbled 1.34 percent after reporting a loss of 487 per share

02:06company reported quarterly sales of 1.585 billion which missed the analyst consensus estimate

02:12of 1.923 billion palantir is next on our list palantir that's 1.66 percent higher ahead of its

02:22earnings scheduled to be released after the closing bell here today on monday analysts expect it to

02:27report earnings of 15 cents per share on revenue of 1.09 billion him and hers health is the next stock

02:35on our list that gained 2.95 percent as analysts expect it to report earnings of 10 cents per share

02:41on revenue of 581.38 million after the closing bell him's maintained a weaker price trend over the

02:48short and medium trends but has a strong trend in the long term with a strong growth ranking see if

02:54him's can end up turning it around last stock on our list here is goodyear tire and rubber that's ticker

03:00gt that was up 0.58 percent ahead of its earnings scheduled to be released after the closing bell

03:05analysts expect it to report 15 cents per share on revenue of 1.09 billion

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