U.S. stock-index futures rose on Friday, as the heavily-weighted technology stocks rebounded after the recent sell-off after the core PCE price index, the Fed's preferred inflation measure, showed tame price pressures.
Global Stocks:
Index/commodity | Last | Today's Change, points | Today's Change, % |
Nikkei | 28,966.01 | -1,202.26 | -3.99% |
Hang Seng | 28,980.21 | -1,093.96 | -3.64% |
Shanghai | 3,509.08 | -75.97 | -2.12% |
S&P/ASX | 6,673.30 | -160.70 | -2.35% |
FTSE | 6,539.68 | -112.28 | -1.69% |
CAC | 5,722.67 | -61.22 | -1.06% |
DAX | 13,807.95 | -71.38 | -0.51% |
Crude oil | $62.53 | -1.57% | |
Gold | $1,760.80 | -0.82% |
(company / ticker / price / change ($/%) / volume)
3M Co | MMM | 179 | 0.24(0.13%) | 3719 |
ALCOA INC. | AA | 25.3 | -0.26(-1.02%) | 28629 |
ALTRIA GROUP INC. | MO | 44.68 | 0.05(0.11%) | 21267 |
Amazon.com Inc., NASDAQ | AMZN | 3,092.00 | 34.84(1.14%) | 70676 |
American Express Co | AXP | 136 | -1.08(-0.79%) | 8878 |
AMERICAN INTERNATIONAL GROUP | AIG | 43.78 | -0.17(-0.39%) | 3799 |
Apple Inc. | AAPL | 122.44 | 1.45(1.20%) | 2237576 |
AT&T Inc | T | 28.8 | 0.17(0.59%) | 309437 |
Boeing Co | BA | 216.55 | 0.10(0.05%) | 111079 |
Caterpillar Inc | CAT | 221.19 | -0.63(-0.28%) | 11289 |
Chevron Corp | CVX | 100.5 | -1.85(-1.81%) | 82015 |
Cisco Systems Inc | CSCO | 45.65 | 0.13(0.29%) | 41119 |
Citigroup Inc., NYSE | C | 66.31 | -1.10(-1.63%) | 113891 |
Deere & Company, NYSE | DE | 346 | -2.03(-0.58%) | 7267 |
E. I. du Pont de Nemours and Co | DD | 69.79 | 0.34(0.49%) | 4667 |
Exxon Mobil Corp | XOM | 54.44 | -1.32(-2.37%) | 271387 |
Facebook, Inc. | FB | 257.25 | 2.56(1.01%) | 132328 |
FedEx Corporation, NYSE | FDX | 254.25 | 0.03(0.01%) | 2896 |
Ford Motor Co. | F | 11.78 | 0.02(0.17%) | 509427 |
Freeport-McMoRan Copper & Gold Inc., NYSE | FCX | 34.5 | -1.18(-3.32%) | 211523 |
General Electric Co | GE | 12.67 | -0.09(-0.71%) | 689527 |
General Motors Company, NYSE | GM | 50.7 | 0.10(0.20%) | 124370 |
Goldman Sachs | GS | 324.9 | -2.86(-0.87%) | 27400 |
Google Inc. | GOOG | 2,046.00 | 14.64(0.72%) | 10089 |
Hewlett-Packard Co. | HPQ | 28.99 | 0.80(2.84%) | 56834 |
Home Depot Inc | HD | 256.63 | 1.38(0.54%) | 33497 |
HONEYWELL INTERNATIONAL INC. | HON | 204.03 | -0.76(-0.37%) | 1479 |
Intel Corp | INTC | 60.51 | 0.11(0.18%) | 134509 |
Johnson & Johnson | JNJ | 163.2 | 0.44(0.27%) | 31821 |
JPMorgan Chase and Co | JPM | 149.44 | -1.74(-1.15%) | 82919 |
McDonald's Corp | MCD | 210.19 | 0.53(0.25%) | 7418 |
Merck & Co Inc | MRK | 74.7 | 0.08(0.11%) | 34406 |
Microsoft Corp | MSFT | 231.52 | 2.53(1.10%) | 187565 |
Nike | NKE | 135.55 | 0.29(0.21%) | 19195 |
Pfizer Inc | PFE | 33.79 | -0.03(-0.09%) | 129860 |
Procter & Gamble Co | PG | 126.95 | 0.37(0.29%) | 4871 |
Starbucks Corporation, NASDAQ | SBUX | 103.58 | 0.11(0.11%) | 49741 |
Tesla Motors, Inc., NASDAQ | TSLA | 696.69 | 14.47(2.12%) | 1203040 |
The Coca-Cola Co | KO | 50.35 | 0.18(0.36%) | 60920 |
Travelers Companies Inc | TRV | 147.9 | -0.10(-0.07%) | 1536 |
Twitter, Inc., NYSE | TWTR | 76.7 | 2.11(2.83%) | 614330 |
Verizon Communications Inc | VZ | 56.53 | 0.03(0.05%) | 63587 |
Visa | V | 213.74 | -0.01(-0.00%) | 24417 |
Wal-Mart Stores Inc | WMT | 131.81 | -0.14(-0.11%) | 40332 |
Walt Disney Co | DIS | 190 | -0.98(-0.51%) | 70734 |
Yandex N.V., NASDAQ | YNDX | 65.14 | 0.42(0.65%) | 6004 |
Twitter (TWTR) target raised to $95 from $77.25 at Pivotal Research Group
HP (HPQ) target raised to $27 from $23 at Cowen
American Intl (AIG) upgraded to Overweight from Neutral at Atlantic Equities; target $55
HP (HPQ) upgraded to Overweight from Neutral at JP Morgan; target raised to $38
FXStreet notes that the S&P 500 has seen an aggressive rejection of resistance at 3930/34 on increased volume as rising bond yields and then the poor Treasury auction last night took their toll. This raises the prospect of a lengthier consolidation and a test of more important supports at 3792/74 – the early February price gap and rising 63-day average, in the view of the Credit Suisse analyst team.
“We look for a break below 3806 for a test of a cluster of what we see as more important supports at 3792/74 – the early February price gap and rising 63-day average. Our bias remains for this to remain a floor to define the lower end of a sideways range, ahead of the broader uptrend eventually resuming.”
“A close below 3774 would be seen as technically important, raising the prospect of a more protracted and deeper corrective phase with support seen next at 3728/26 and then more importantly at the 3694 late January low.”
Salesforce.com (CRM) reported Q4 FY 2021 earnings of $1.04 per share (versus $0.66 per share in Q4 FY 2020), beating analysts’ consensus estimate of $0.75 per share.
The company’s quarterly revenues amounted to $5.817 bln (+19.9% y/y), beating analysts’ consensus estimate of $5.682 bln.
The company also issued upside guidance for Q1 FY 2022, projecting EPS of $0.88-0.89 versus analysts’ consensus estimate of $0.76 and revenues of $5.875-5.885 bln versus analysts’ consensus estimate of $5.72 bln.
For the full FY 2022, it guided EPS of $3.39-3.41 versus analysts’ consensus estimate of $3.51 and revenues of $25.65-25.75 bln versus analysts’ consensus estimate of $25.43 bln.
CRM fell to $222.00 (-3.93%) in pre-market trading.
HP Inc. (HPQ) reported Q1 FY 2021 earnings of $0.92 per share (versus $0.65 per share in Q1 FY 2020), beating analysts’ consensus estimate of $0.66 per share.
The company’s quarterly revenues amounted to $15.646 bln (+7.0% y/y), beating analysts’ consensus estimate of $15.004 bln.
The company also issued upside guidance for Q2 FY 2021, projecting EPS of $0.84-0.90 versus analysts’ consensus estimate of $0.61.
For the full FY 2021, company guided EPS of $3.15-3.25 versus analysts’ consensus estimate of $2.65.
HPQ rose to $28.41 (+0.78%) in pre-market trading.