Here’s what we’re looking at before Wednesday’s trading begins.
–US stock futures faltered when investors sold government bonds and withdrew funds from technology stocks.
Futures linked to the S&P 500 fell 0.1% and Dow Jones Industrial Average futures added 0.1%. Contracts on the Nasdaq-100 index fell 0.4%.
What comes up
–The result is due from
–IHS Markits index for US services for February, which is due at 9:45, is expected to stay at 58.9, unchanged from a preliminary reading for the month. The Institute of Supply Administration’s services index for February is expected to remain at 58.7, unchanged from a month earlier.
–Federal Reserves beige buck is out at 14.00
Market Movers to watch
shares jumped 3.9% before opening. The
competitor reported an increase in prosecution figures for February. Uber’s shares also rose 2.4%.
I AM AGAINST 3.01%
climbed 1.6% before the market after the casino operator said it had agreed sell their properties in Las Vegas for $ 6.25 billion.
shares popped up 6.1% before the market The online gaming company reached an agreement with
to provide their sports book directly to the pay-TV provider’s customers. DISH shares also increased by 3.5%.
fell 3.1% before the market after the retailer reported lower sales and earnings during the fourth quarter and a decrease in comparable store sales.
shares fell 2.9% before the market. The company behind Urban Outfitters, Anthropologie and other clothing brands reported a profit margin for the past quarter, but reduced store traffic due to the coronavirus pandemic cut in its top results.
increased 83% before the market after the US Food and Drug Administration approved Azstarys, the pharmaceutical company’s once-daily product for the treatment of hyperactivity disorder, or ADHD, in patients aged six years and older.
fell 3.9%. The Hamburg chain said US demand increased during its most recent quarter, and the company reported gains in the market until the end of February.
equities added 1.3% to the aftermarket after the cloud storage provider reported a reduced loss for the quarter and year ended in January, helped by the digital acceleration caused by the coronavirus pandemic.
The trading volume on the Nasdaq Composite Index on Tuesday was the lowest of 2021 to date, when 4,915,363,778 changed hands. This is less than half of the number of shares traded on January 27, the highest volume day.
Oil prices have recovered rapidly since the biggest crisis in the energy industry in decades. Here is why crude oil prices in the US have fallen back over $ 60 per barrel from a minimum of minus $ 37.63 per barrel in April last year.
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