Skip to playerSkip to main content
  • 6 weeks ago
U.S. stock futures were higher on Thursday, as the Dow Jones, S&P 500 and Nasdaq 100 indices rose, following Wednesday’s lower close.

U.S. Central Command, or CENTCOM, initiated airstrikes against targets in Iran on Wednesday evening following attempted Iranian attacks on U.S. personnel in the Middle East. U.S. Central Command described the action on X, stating, “The strikes are a powerful response to yesterday’s attempted Iranian attacks on U.S. forces based in the Middle East.”

Investors digested the Federal Reserve‘s decision to leave interest rates unchanged, which came alongside a rare dissent from three FOMC members who voted in favor of a rate hike as inflation persists above the Fed’s 2% target.

Meanwhile, the 10-year Treasury bond yielded 4.69%, and the two-year bond was at 4.27%. The CME Group’s FedWatch tool’s projections show markets pricing a 65.2% likelihood of the Federal Reserve hiking the current interest rates during its September meeting.

The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 and Nasdaq 100, respectively, were higher in premarket on Thursday. The SPY was up 0.32% at $731.78, while the QQQ advanced by 0.52% to $665.18.

Category

🗞
News
Transcript
00:08all right futures in the green here ahead of yesterday's lower close we sold off pretty
00:14mightily in the afternoon here S&P futures higher by 0.7 percent at the moment Dow futures up by
00:200.48 percent and the Nasdaq leading the way higher 1.48 percent now let's take a look at
00:27some cues from last session as well as what we have going on here today industrials information
00:34technology and financial stocks recorded the biggest losses on Wednesday while energy and
00:39consumer staples bucked the overall market trend to close higher even as most sectors ended up
00:45closing lower U.S. stock futures were higher on Thursday as the Dow S&P and Nasdaq indices rose
00:51following Wednesday's lower close U.S. Central Command or CENTCOM initiated airstrikes against
00:57targets in Iran on Wednesday evening following an attempted Iranian attacks on U.S. personnel in
01:03the Middle East U.S. Central Command described the action on X stating quote the strikes are a powerful
01:09response to yesterday's attempted Iranian attacks on U.S. forces based in the Middle East end quote
01:17investors digested the Federal Reserve's decision to leave interest rates unchanged which came
01:22alongside a rare descent from three FOMC members who voted in favor of a rate hike as inflation persists
01:29above the Fed's two percent target. Meanwhile the 10-year Treasury bond yielded 4.69 percent and the
01:36two-year bond was at 4.27 percent. CME Group's Fed watch tool projections show the markets are pricing
01:42a 65.2 percent likelihood that the Federal Reserve hikes the current interest rates during its September
01:48meeting. Now we've got several stocks in focus here for you today and the first one is going to be
01:54Meta that's ticker M-E-T-A one of the big earnings reports from yesterday. It dropped 8.51 percent
02:00in
02:01the pre-market on Thursday after it posted mixed financial results for the second quarter. It
02:05anticipates full-year capital expenditures of 130 to 145 billion. This was versus the prior guide of 125 to
02:14145 billion so they basically just raised the lower end of that. The next stock on our list is going
02:19to
02:19be Microsoft and their software darling. The ticker is MSFT and it jumped 8.09 percent after reporting
02:26better than expected fourth quarter financial results on Wednesday after the market closed. Pretty
02:30good report there from Microsoft. The next stock on our list is going to be Qualcomm. The ticker is QCOM
02:37and
02:37it was 4.8 percent lower as it reported third quarter revenue of 9.9 billion, beating a street
02:42consensus estimate of 9.67 billion. But adjusted earnings per share were 221 in the quarter and
02:48that missed the estimate of 223. Apple is on our list next. Ticker AAPL, it was down six-tenths as
02:57analysts expected to post quarterly earnings of 189 per share on revenue of 108.65 billion after the
03:04closing bell today. The last stock on our list is our other big report today. It's Amazon,
03:10ticker AMZN, and it was 2.47 percent higher as analysts expect it to post quarterly earnings of
03:16182 per share on revenue of 196.25 billion after the closing bell today.
Comments

Recommended