Skip to playerSkip to main content
  • 4 hours ago
U.S. stock futures declined slightly on Friday after major benchmark indices posted their second consecutive day of gains on Thursday.

This comes amid President Donald Trump withdrawing his tariffs against the European Union, following a framework agreement regarding expanded U.S. access to Greenland.

Besides this, U.S. Final GDP figures for the third-quarter stood at 4.4%, ahead of estimates at 4.3%, according to data released by the Bureau of Economic Analysis. The Personal Consumption Expenditures (PCE) price index expanded 2.8% year-over-year, in line with estimates, with Core PCE at 2.8%.

Meanwhile, the 10-year Treasury bond yielded 4.23%, and the two-year bond was at 3.60%. 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 lower in premarket on Friday. The SPY was down 0.078% at $688.44, while the QQQ was down 0.20% at $619.49.

Category

🗞
News
Transcript
00:00all right futures under a bit of frozen pressure here today uh s&p futures down 0.07 percent the
00:13dow futures down 0.28 percent and the nasdaq down 0.1 percent so we are near unchanged but still
00:20slightly under pressure here today let's go ahead and take a look at some cues from last session
00:25energy materials consumer discretionary and health care led the way on thursday
00:30as all sectors within the s&p 500 ended the day in the green this comes amid president trump
00:39withdrawing his tariffs against the european union following a framework agreement regarding
00:44expanded u.s access to greenland besides this u.s final gdp figures for the third quarter stood at
00:514.4 percent ahead of the estimate at 4.3 percent according to data released by the bureau of
00:56economic analysis the personal consumption expenditures or pce price index expanded 2.8
01:02percent year over year in line with estimates and core pce at 2.8 percent meanwhile the 10-year
01:09treasury bond yielded 4.23 percent and the two-year bond was at 3.6 percent and as we've said pretty
01:16much all week the cme's fed watch tool holding steady at 95 for no cut for january we have
01:22several stocks in focus here for you today the first one is going to be capital one financial
01:26and the ticker on this one is cof shares are sliding in pre-market trade down 3.31 percent
01:32following the company's fourth quarter earnings results on thursday after the bell when its earnings
01:37fell short of analyst consensus estimates the next stock on our list is going to be rev b that
01:43excuse me revelation biosciences ticker is rev b r e v b it's up 38.11 percent in the pre-market after
01:51the company announced that it had reached an agreement with the food and drug administration
01:55on an approval pathway for its drug gemini to treat acute kidney injury or aki
02:00intel is the next stock on our list it looks like several of you folks are already looking at this one
02:06intel shares down 12 percent pre-market following the company's fourth quarter results on thursday
02:11owing to a soft first quarter outlook which fell short of analyst estimates the next stock on our
02:19list is going to be cxx csx corp the ticker is csx it surged 2.99 percent in the pre-market following
02:27its fourth quarter results despite missing consensus estimates on the top and bottom lines
02:32the last stock on our list is booze allen hamilton this is ticker b a h it was up 0.25 percent in the
02:41pre-market ahead of the company's earnings uh excuse me ahead of the company's fiscal third quarter
02:47results before the market opens on friday that stock is now bid at 102 22 here in the pre-market
02:54those earnings are out now booze allen hamilton adjusted q3 eps of 177 beat the 129 estimate sales
03:02of 2.62 missed the 2.749 billion estimate so kind of a mixed report there they raised full year
03:112026 adjusted eps guidance from 5.45 to 5.65 to 5.95 to 6.15 so a pretty good raise there that was
03:21versa 562 estimate and they narrowed the full year 26 sales guidance from 11.3 billion to 11.5 billion
03:28to 11.3 to 11.4 billion the estimate was for 11.4 billion pretty much right in line
Comments

Recommended