00:08futures are red across the board here ahead of Tuesday mornings open S&P futures down 0.46%
00:16the Dow futures down 0.28% that's being affected by Home Depot which is down slightly
00:21and the Nasdaq futures down 0.8% let's take a look at some cues from
00:29the last session and what's going on here today energy financial and consumer staple stocks
00:36recorded the biggest gains on Monday as most S&P 500 sectors closed on a positive note meanwhile
00:42information technology and industrial stocks closed the session lower US stock futures were lower as
00:48the Nasdaq 100 index fell on Tuesday following Monday's mixed close inflation fears gripped
00:55Wall Street as Ed Yardini anticipates an imminent policy shift noting that the recent CPI and PPI
01:01data suggests the Fed is currently quote behind the curve on inflation end quote let's see if that's
01:07a new term that enters the zeitgeist he expects the central bank to completely drop its easing stance
01:13and adopt a tightening bias at its upcoming June meeting followed by a 25 basis point rate hike
01:20in July meanwhile the 10-year treasury bond yielded 4.6% and the two-year bond was at 4
01:25.06% the CME
01:28group's Fed watch tool projection showed the markets are pricing in a 98.8% likelihood of the
01:33Federal Reserve leaving the current interest rates unchanged during the June meeting now again that's
01:40during the June meeting that's actually come down a percent from the last reading that we took
01:46um Ed Yardini just gave you a insight that he thinks July might be the meeting that something
01:52gets moved and the direction has changed uh from the uh rate cut to a potential rate hike we'll see
02:01how that shakes out over the next several weeks here we've got several stocks in focus here for you
02:06today the first one is going to be XP Inc the ticker is XP and it was six percent lower
02:12in the pre-market
02:13on Tuesday is reported worse than expected first quarter financial results the company also named
02:19Gustavo Alejo Vavani as CFO starting on August 3rd the next stock on our list is going to be Akamai
02:26ticker is AKAM and it declined 2.5% after announcing plans to commence a 1.3 billion dollar senior
02:34notes
02:35offering the next stock on our list is going to be Atmos Energy and the ticker is ATO and it's
02:43jumped 10.13 percent following its strong second quarter earnings with a net income of 581.9 million
02:51and raised its annual dividend by 14.9 percent four dollars per share big jump there in the dividend
02:59the next stock on our list is going to be General Electric which is ticker GE and it was up
03:050.17 percent
03:06as Japan Airlines signed a 10-year maintenance and overhaul deal with GE Aerospace to cover its Boeing 787
03:13fleet the last stock on our list is going to be Toll Brothers and the ticker on this one is
03:18TOL
03:19it declined 0.13 percent as analysts expected to report earnings of 258 per share on revenue of
03:272.41 billion after the closing bell today
03:30you
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