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  • 7 months ago
U.S. stock futures rose on Thursday following Wednesday’s decline. Futures of major benchmark indices were higher.

The Nasdaq Composite fell 1% on Wednesday as reports of a 25% tariff on select semiconductor imports overshadowed U.S. approval for exports to China. Meanwhile, tariff uncertainty persists as the Supreme Court again delayed its ruling on the framework’s legality.

Meanwhile, the 10-year Treasury bond yielded 4.15%, and the two-year bond was at 3.52%. The CME Group's FedWatch tool‘s projections show markets pricing a 95% likelihood of the Federal Reserve leaving the current interest rates unchanged in January.

The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and Nasdaq 100 index, respectively, were higher in premarket on Wednesday. The SPY was up 0.34% at $692.68, while the QQQ advanced 0.71% to $623.95.

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00:00all right futures green ahead of thursday's open here on the backs of the taiwan semiconductor
00:13earnings beat s&p futures trading up by 0.39 percent dow futures actually flat they were
00:19higher earlier but have paired those gains back to unchanged and the nasdaq leading the way higher
00:25at 0.86 percent let's take a look at some cues from last session while energy consumer staples and
00:33real estate stocks recorded the biggest gains on wednesday consumer discretionary and information
00:38technology stocks slid which pulled the broader u.s markets lower a u.s stock market futures rose on
00:46thursday following wednesday's decline futures of major benchmark indices were higher as we just
00:51outlined and they're looking pretty good here this morning nasdaq composite fell one percent on
00:55wednesday as reports of a 25 percent tariff on select semiconductor imports overshadowed u.s approval
01:02for exports to china meanwhile the tariff uncertainty persists as the supreme court again delayed its
01:08ruling on the framework's legality meanwhile the 10-year treasury bond yielded 4.15 percent and the
01:15two-year bond was at 3.52 percent additionally the cme group's fed watch tool projections show the
01:21market pricing in a 95 percent likelihood the federal reserve leaves the current interest rates unchanged
01:27at the next meeting now we have several stocks in focus for you here today the first one's going to
01:33be goldman sachs ticker gs perhaps the cream of the crop for investment banking it was 0.44 percent
01:39lower in pre-market on thursday as analysts expect it to report quarterly earnings before the bell
01:44we've got those earnings uh here this morning it was actually a beat on eps and a miss on sales eps was
01:511401 versus the 1165 estimate sales were 13.45 versus the 13.79 estimate uh so goldman sachs actually
02:01trading down here today although only slightly looking like 919 here in the pre-market after closing at
02:07939 yesterday the second stock on our list is going to be taiwan semiconductor ticker tsm that gained
02:164.46 percent and has extended its gain to six plus percent after it reported a 35 surge in its profit for
02:24the fourth quarter also topping estimates its net profits jumped to 505.7 billion taiwanese dollars or
02:3216 billion usd recording its seventh consecutive quarter of double digit growth meanwhile asml also
02:39rose 4.93 percent to a top to top a 500 billion dollar market cap the ai trade is not dead and tsm
02:49showing you it is going to roll on that's for sure the next stock on our list is going to be applied
02:54materials the ticker is amat we call it amat around these parts it rose six percent after susquehanna
03:01analyst mendy hasini upgraded the stock from two positive from neutral and up the price target to
03:07400 from 180 oh what a uh what an increase on that price target the next stock here is going to be
03:15amazon that's ticker amzn that was up 0.67 percent after amazon web services launched a new european
03:23sovereign cloud with 7.8 billion or nine point or 7.8 billion euro excuse me or 9.1 billion usd
03:32investment the last stock on our list is going to be calivo growers that's ticker cvgw shares surge
03:4112.93 percent despite posting downbeat results for the fourth quarter however mission produce announced
03:47plans to acquire calivo at 27 per share so i guess if you're going to report bad earnings you
03:53might as well do it on the same day that you're going to get acquired that way your stock goes up
03:57you
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