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  • 3 months ago
U.S. stock futures were fluctuating on Wednesday after Tuesday’s lower close. Futures of major benchmark indices were mixed.

Investors interpreted the latest batch of corporate earnings as solid but not spectacular, offering a convenient excuse to take profits after strong year-to-date rallies.

President Donald Trump‘s legal authority to impose his most sweeping duties faces a key test at the Supreme Court today. Justices will hear arguments in a case whose decision could have significant reverberations for the global economy.

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00:00all right we have kind of a mixed pre-market here s p futures down 0.08 percent basically
00:13near unchanged dow futures up 0.03 percent basically near unchanged and the nasdaq here
00:19down 0.15 percent also especially for the nasdaq basically near unchanged so a little bit of mixed
00:27little bit of under pressure but fairly neutral here today and also we are up off of the lows
00:33from the pre-market here this morning let's go ahead and take a look at some cues from the last
00:39session here sectors posting the biggest losses on tuesday including communication services consumer
00:44discretionary and information technology leading most s p 500 sectors sectors excuse me to close
00:51on a negative note u.s stock futures were fluctuating on wednesday after tuesday's lower close futures of
01:00major benchmark indices were mixed as i just covered investors interpreted the latest batch of corporate
01:06earnings as solid but not spectacular offering a convenient excuse to take profits after strong
01:12year-to-date rallies palantir one of the poster children for this year's ai fueled rally slumped
01:19around eight percent despite easily beating wall street estimates and raising full year guidance
01:24president trump's legal authority to impose most of his sweeping duties face a key test at the supreme
01:30court today justices will hear arguments in a case whose decision could add significant reverberations
01:35for the global economy now from what i understand here we're not going to get any decisions today it's
01:40just going to be testimony today but it will be interesting to see how the market reacts to that
01:45um i don't i can't remember exactly what time it starts i'll try and find that for you but that's going to be
01:50one of the bigger things i think on deck here today the 10-year treasury bond yielded 4.08 percent and the
01:56two-year bond was at 3.58 percent now we do have some stocks in focus here today first one's going to be ticker
02:03amd advanced micro devices that fell 2.81 percent in the pre-market on wednesday
02:09despite better than expected financial results for the third quarter it said it expects fourth
02:16quarter revenue of approximately 9.6 billion plus or minus 300 million uh amd closed yesterday at
02:23250.05 and is currently sitting at 241.71 in the pre-market here today qualcomm is the second stock
02:31on our list here today that's ticker qcom it was 0.42 percent lower ahead of earnings scheduled to be
02:37released after the closing bell here today analysts expect it to report earnings of 287 per share
02:43on revenue of 10.77 billion robin hood is our next stock on the list here ticker h-o-o-d that was
02:520.66 percent higher as analysts expect it to report earnings of 53 cents per share on revenue of 1.21
02:59billion after the closing bell pinterest tumbled 18.9 percent as it posted downbeat earnings
03:07for the third quarter with revenue of 1.05 billion in line with analyst estimates the idea discovery
03:14platform companies adjusted earnings of 38 cents per share missed analyst estimates of 42 cents per share
03:21the last stock on our list here today is mcdonald's ticker mcd which slipped 0.36 percent before its
03:28expected reported earnings of 333 per share on revenue of 7.09 billion before the opening bell
03:37looking at mcdonald's right now it closed at 2.99 21 and is currently sitting at 301 79
03:43here in the pre-market now we do have more uh earnings here i'm going to go ahead and share the
03:50earnings calendar with you as mentioned here today qualcomm uh arm app lovin robin hood fortinet
03:57allstate all are going to report tonight could throw doordash in there as well tomorrow in the morning
04:03we've got conoco phillips and a couple of other energy companies and then tomorrow evening after
04:08the market closes we get airbnb uh so still some pretty big earnings coming the rest of this week
04:15we've got the
04:33if
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