U.S. stock-index futures fell on Thursday, as weekly jobless claims data pointed to a slowing recovery in the U.S. labor market, while stimulus talks dragged on.
Global Stocks:
Index/commodity | Last | Today's Change, points | Today's Change, % |
Nikkei | 23,474.27 | -165.19 | -0.70% |
Hang Seng | 24,786.13 | +31.71 | +0.13% |
Shanghai | 3,312.50 | -12.52 | -0.38% |
S&P/ASX | 6,173.80 | -18.00 | -0.29% |
FTSE | 5,762.68 | -13.82 | -0.24% |
CAC | 4,845.45 | -8.50 | -0.18% |
DAX | 12,513.56 | -44.08 | -0.35% |
Crude oil | $40.08 | +0.12% | |
Gold | $1,907.00 | -1.17% |
FXStreet reports that analysts at Credit Suisse note that S&P 500 posted another potentially bullish “inverted hammer” candlestick reversal on Wednesday, which reinforces the conviction that the “neckline” to its “head & shoulders” base and the 38.2% retracement of the recent recovery at 3428/18 will hold for a turn back higher.
“The S&P 500 completed another potentially bullish ‘inverted hammer’ candlestick reversal on Wednesday above the ‘neckline’ to its recently completed base at 3428/27 and the 38.2% retracement of the recent recovery at 3420/18. Yet another potential reversal pattern reinforces our view that 3428/18 will provide a solid floor for the uptrend to resume.”
“Resistance stays at 3477, above which would bullishly confirm yesterday’s session for strength back to 3516/18, then 3550, above which would trigger a move back to the 3588/95 high, which is also the upper end of its ‘typical’ extreme (15% above the 200-day average). Whilst this should clearly be respected, we look for a break in due course, with our ‘measured base objective’ at 3653.”
(company / ticker / price / change ($/%) / volume)
ALCOA INC. | AA | 13.51 | 0.19(1.43%) | 3429 |
ALTRIA GROUP INC. | MO | 38.49 | -0.02(-0.05%) | 7701 |
Amazon.com Inc., NASDAQ | AMZN | 3,191.25 | 6.31(0.20%) | 40191 |
American Express Co | AXP | 101.5 | 0.07(0.07%) | 2727 |
AMERICAN INTERNATIONAL GROUP | AIG | 31.7 | 0.03(0.09%) | 451 |
Apple Inc. | AAPL | 117.45 | 0.58(0.50%) | 1301677 |
AT&T Inc | T | 28.06 | 1.34(5.02%) | 2802208 |
Boeing Co | BA | 164.63 | 0.77(0.47%) | 55794 |
Caterpillar Inc | CAT | 167.5 | 0.10(0.06%) | 4095 |
Chevron Corp | CVX | 70.96 | 0.09(0.13%) | 11813 |
Cisco Systems Inc | CSCO | 38.86 | -0.20(-0.51%) | 69407 |
Citigroup Inc., NYSE | C | 43.04 | 0.03(0.07%) | 47741 |
E. I. du Pont de Nemours and Co | DD | 59 | 0.34(0.58%) | 400 |
Exxon Mobil Corp | XOM | 33.27 | 0.11(0.33%) | 58775 |
Facebook, Inc. | FB | 278 | -0.73(-0.26%) | 101281 |
FedEx Corporation, NYSE | FDX | 283.6 | 1.32(0.47%) | 20703 |
Ford Motor Co. | F | 7.92 | 0.07(0.89%) | 277686 |
Freeport-McMoRan Copper & Gold Inc., NYSE | FCX | 17.8 | 0.08(0.45%) | 148272 |
General Electric Co | GE | 7.34 | 0.02(0.27%) | 400369 |
General Motors Company, NYSE | GM | 35.88 | 0.11(0.31%) | 51870 |
Goldman Sachs | GS | 203.1 | 0.19(0.09%) | 4865 |
Google Inc. | GOOG | 1,593.69 | 0.38(0.02%) | 6790 |
Home Depot Inc | HD | 283.43 | -1.08(-0.38%) | 5524 |
HONEYWELL INTERNATIONAL INC. | HON | 172.78 | -0.09(-0.05%) | 575 |
Intel Corp | INTC | 53.56 | 0.06(0.11%) | 101521 |
International Business Machines Co... | IBM | 115.15 | 0.09(0.08%) | 13776 |
International Paper Company | IP | 46.5 | 0.02(0.04%) | 130 |
Johnson & Johnson | JNJ | 144.25 | 0.32(0.22%) | 1883 |
JPMorgan Chase and Co | JPM | 99.43 | 0.06(0.06%) | 19468 |
McDonald's Corp | MCD | 228.62 | 0.43(0.19%) | 2250 |
Microsoft Corp | MSFT | 214.15 | -0.65(-0.30%) | 144177 |
Nike | NKE | 129.89 | 0.46(0.36%) | 3133 |
Pfizer Inc | PFE | 37.13 | 0.05(0.13%) | 58868 |
Procter & Gamble Co | PG | 142.19 | -0.27(-0.19%) | 2907 |
Starbucks Corporation, NASDAQ | SBUX | 88.2 | -0.07(-0.08%) | 89611 |
Tesla Motors, Inc., NASDAQ | TSLA | 441.36 | 18.72(4.43%) | 1219691 |
The Coca-Cola Co | KO | 51.19 | 1.20(2.40%) | 390769 |
Travelers Companies Inc | TRV | 124 | -1.00(-0.80%) | 1787 |
Twitter, Inc., NYSE | TWTR | 50.2 | -0.04(-0.08%) | 53456 |
UnitedHealth Group Inc | UNH | 322.98 | 0.19(0.06%) | 46314 |
Verizon Communications Inc | VZ | 56.93 | 0.18(0.32%) | 57503 |
Visa | V | 199 | 0.57(0.29%) | 3289 |
Wal-Mart Stores Inc | WMT | 144.8 | 0.40(0.28%) | 4029 |
Walt Disney Co | DIS | 126.5 | -0.13(-0.10%) | 7643 |
Yandex N.V., NASDAQ | YNDX | 58.44 | 1.22(2.13%) | 15632 |
Tesla (TSLA) upgraded to Outperform from Neutral at Robert W. Baird; target raised to $488
Tesla (TSLA) upgraded to Mkt Outperform from Mkt Perform at JMP Securities; target $516
Freeport-McMoRan (FCX) reported Q3 FY 2020 earnings of $0.29 per share (versus $0.01 per share in Q3 FY 2019), beating analysts’ consensus estimate of $0.21 per share.
The company’s quarterly revenues amounted to $3.851 bln (+16.4% y/y), beating analysts’ consensus estimate of $3.676 bln.
FCX rose to $17.80 (+0.45%) in pre-market trading.
Dow (DOW) reported Q3 FY 2020 earnings of $0.50 per share (versus $0.91 per share in Q3 FY 2019), beating analysts’ consensus estimate of $0.29 per share.
The company’s quarterly revenues amounted to $9.712 bln (-9.8% y/y), beating analysts’ consensus estimate of $9.509 bln.
DOW rose to $49.16 (+1.26%) in pre-market trading.
Coca-Cola (KO) reported Q3 FY 2020 earnings of $0.55 per share (versus $0.56 per share in Q3 FY 2019), beating analysts’ consensus estimate of $0.46 per share.
The company’s quarterly revenues amounted to $8.652 bln (-9.0% y/y), beating analysts’ consensus estimate of $8.366 bln.
KO rose to $50.72 (+1.46%) in pre-market trading.
AT&T (T) reported Q3 FY 2020 earnings of $0.76 per share (versus $0.94 per share in Q3 FY 2019), missing analysts’ consensus estimate of $0.77 per share.
The company’s quarterly revenues amounted to $42.430 bln (-4.8% y/y), beating analysts’ consensus estimate of $41.659 bln.
T rose to $27.16 (+1.65%) in pre-market trading.
Tesla (TSLA) reported Q3 FY 2020 earnings of $0.76 per share (versus $1.91 per share in Q3 FY 2019), beating analysts’ consensus estimate of $0.60 per share.
The company’s quarterly revenues amounted to $8.771 bln (+39.2% y/y), beating analysts’ consensus estimate of $8.292 bln.
TSLA rose to $443.01 (+4.82%) in pre-market trading.
| Index | Change, points | Closed | Change, % |
|---|---|---|---|
| NIKKEI 225 | 72.42 | 23639.46 | 0.31 |
| Hang Seng | 184.88 | 24754.42 | 0.75 |
| KOSPI | 12.45 | 2370.86 | 0.53 |
| ASX 200 | 7.2 | 6191.8 | 0.12 |
| FTSE 100 | -112.72 | 5776.5 | -1.91 |
| DAX | -179.31 | 12557.64 | -1.41 |
| CAC 40 | -75.33 | 4853.95 | -1.53 |
| Dow Jones | -97.97 | 28210.82 | -0.35 |
| S&P 500 | -7.56 | 3435.56 | -0.22 |
| NASDAQ Composite | -31.8 | 11484.69 | -0.28 |