U.S. stock futures were mixed ahead of the open Friday. Futures tied to the S&P 500 (^GSPC) added 0.1%, while futures on the Dow Jones Industrial Average (^DJI) were lower by 0.1%. Contracts on the technology-heavy Nasdaq Composite (^IXIC) rose by roughly 0.5%. The yield on the benchmark 10-year U.S. Treasury note rose to 3.437% from 3.397% Thursday. The dollar index added 0.1%, trading at $101.94 Friday morning. Stocks extended a string of losses Thursday as investors dissected economic data… Source link
Read More »Stock futures stumble after in-line inflation print
U.S. stock futures wavered ahead of the open Thursday after inflation data for December showed prices increased at a slower annual rate, in a report that was in line with expectations from economists. Futures tied to the S&P 500 (^GSPC) and the Dow Jones Industrial Average (^DJI) hovered around the flatline. Contracts on the technology-heavy Nasdaq Composite (^IXIC) were down about 0.2%. U.S. Treasury yields ticked down. The yield on the benchmark 10-year U.S. Treasury note fell to 3.54% from… Source link
Read More »Alphabet Q1 earnings miss despite in-line revenue
Google’s parent company Alphabet (GOOG, GOOGL) reported first-quarter sales that were roughly in-line with estimates, with the tech giant showing resilience in its key search advertising and cloud businesses. However, earnings came in lower-than-expected as costs mounted, and growth in the tech behemoth’s YouTube business slowed sharply compared to last year. Shares of Alphabet dropped more than 4.5% in late trading following the results. Here were the main metrics from Alphabet’s report… Source link
Read More »Yandex EPS beats by $0.33, revenue in-line – Seeking Alpha
[unable to retrieve full-text content]Yandex EPS beats by $0.33, revenue in-line Seeking Alpha Source link
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