00:08All right, we got a little bit of a mixed bag here ahead of Wednesday's open, although the
00:13NASDAQ, which is in the red here, on the verge of going red to green. So we'll see how this
00:17shakes
00:17out prior to the open. S&P futures near unchanged, up 0.06%. The Dow futures up 0.1%, and
00:26the NASDAQ
00:27down 0.1%. But again, that is coming up off the lows. In fact, all of these indices are off
00:33of
00:33their overnight lows. So we'll see if we get any type of bounce back rally here today. One more
00:38quick peek. Oil is up 0.7% plus 0.70 here today. Now, let's take a look at some
00:46cues from last
00:47session, as well as what we have going on today. We've got several stocks in focus for you here
00:53today. Tech, industrials, and materials led S&P 500 losses on Thursday, though energy and
00:58healthcare bucked the trend to close higher. Broader U.S. stocks settled lower as the NASDAQ
01:03dropped over 350 points, fueled by persistent inflation worries, rising crude oil, and high
01:09treasury yields. U.S. stock futures were higher on Wednesday as the S&P 500, NASDAQ, and the NASDAQ
01:15rose following Tuesday's lower close. Dow futures were slightly lower but have since moved into
01:21positive territory. Investors are awaiting some direction on the Federal Reserve's trajectory
01:25following its suspension of guidance, as the minutes for the Fed's July FOMC meeting will be
01:30published today. Asian markets plunged on Wednesday as South Korea's Kospi tumbled over 5%, and the
01:38semiconductor giant SK Hynix and Samsung Electronics suffered steep losses, triggering a sell-side
01:44sidecar in Seoul. The regional sell-off came amid escalating U.S.-Iran tensions that pushed Brent
01:50crude above 91 in a barrel after President Trump ruled out talks with Tehran, quote,
01:55there are no talks or conversations going on or scheduled with the Islamic Republic of Iran,
02:00end quote. Trump said that in a true social post. Meanwhile, the 10-year Treasury bond yielded 4.68%,
02:07and the two-year bond was at 4.15%. The CME Group's FedWatch tool projections show that the markets are
02:13pricing at 32.8% likelihood that the Federal Reserve's hikes the current interest rates during its
02:18September meeting. Now, we've got several stocks in focus here for you today. The first one was going
02:23to be an earnings print. It's going to be Keysight Technology. The ticker is KEYS, K-E-Y-S. It
02:29rose 3.06%
02:31in the pre-market after reporting better-than-expected third-quarter financial results and issuing strong
02:37fourth-quarter guidance last night. Keysight Q3-adjusted EPS of 3.07% beat the 2.48% estimate,
02:44and sales came in at 1.84 billion, which beat the 1.73 billion estimate. The second stock on our
02:52list
02:52is going to be Mercury Systems. The ticker is MRCY, and it dropped 10.76% after reporting mixed fourth
03:00-quarter
03:00earnings and financial results. Its quarterly earnings of 37 cents per share missed the analyst consensus
03:06estimate of 38 cents per share. The next stock on our list is going to be SK Hynix. The ticker
03:12is S-K-H-Y,
03:13and it jumped 5.76% despite a 9.75% drop in South Korean listed shares after it announced
03:20plans to
03:21buy back 29 billion worth of Treasury shares. The next stock on our list is going to be Shell PLC.
03:28The ticker is SHEL, I beg your pardon. It was 0.74% higher as it strengthened a 20-year
03:36partnership
03:37with Hyundai Motors and renewed a global cooperation agreement. The last stock on our list is going to
03:43be Target. The ticker is TGT, and it was 0.41% lower as it is supposed to report earnings
03:50before
03:50the opening bell. Analysts expected earnings of 232 per share on revenue of 26.13 billion. Now,
03:58as of now, these earnings are out. Target's Q2 adjusted EPS of 246 did beat that 233 estimate,
04:05and sales of 26.54 billion beat the estimate of 26.14 billion.
04:202.67% lower as it was a trade-off rule.
04:21The ticker is certainly going to be a fair worth, because the ticket would not be able to
04:21That would extend the ticket, which is a possibility of 10.20, the ticket will be 25.40,
04:21to $22.50.45, to $22.50, to $22.50.45 billion.
04:213.50, which is a ticket to $22.50.35 billion.
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