Futures Pointing To Sharply Lower Open On Wall Street

[ADVFN]( [[Global Email] World Daily Markets Bulletin]( Thursday, 25 April 2024 10:00:07 [ADVFN Twitter]( [Monitor]( [Quote]( [Charts]( [News]( [Toplists]( [Boards]( US Market Bitcoin [Bitcoin]( DAX [DAX]( Dow Jones [Dow Jones]( Nasdaq [Nasdaq]( The major U.S. index futures are currently pointing to a sharply lower open on Thursday, with stocks likely to come under pressure following the lackluster performance seen in the previous session. A negative reaction to earnings news from Meta Platforms (META) is likely to weigh on Wall Street, as the Facebook parent is plunging by 15.5 percent in pre-market trading. Meta Platforms reported first quarter results that beat estimates on both the top and bottom lines but provided disappointing second quarter revenue guidance. Tech giant IBM Corp. (IBM) is also likely to come under pressure after reporting weaker than expected first quarter revenues. IBM also announced a deal to acquire HashiCorp (HCP) for $35 per share in cash, representing an enterprise value of $6.4 billion. On the other hand, fellow Dow components Merck (MRK) and Honeywell (HON) are seeing pre-market strength after reporting first quarter results that exceeded analyst estimates. The futures saw further downside following the release of a Commerce Department report showing the U.S. economy grew by much less than expected in the first quarter of 2024. The Commerce Departm... [Read More]( --------------------------------------------------------------- Do you day trade? Trader Alerts streams stocks reaching new highs and lows as well as stocks breaking out of previous volume highs as they happen. It's a powerful tool for day trading ideas. [Learn More / Upgrade]( --------------------------------------------------------------- U.S. Economic Reports CADUSD [CADUSD]( Oil [Oil]( Gold [Gold]( EURUSD [EURUSD]( The Labor Department released a report on Thursday showing an unexpected decrease by first-time claims for U.S. unemployment benefits in the week ended April 20th. The report said initial jobless claims fell to 207,000, a decrease of 5,000 from the previous week's unrevised level of 212,000. The dip surprised economists, who had expected jobless claims to inch up to 214... [Read More]( --------------------------------------------------------------- Stocks in Focus Shares of American Airlines (AAL) are moving sharply higher in pre-market trading after the airline reported a wider than expected fiscal quarter loss but provided upbeat earnings guidance for the cu... [Read More]( --------------------------------------------------------------- [Sell every Stock except ONE]( Markets are down... But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month... [Ticker Revealed.]( --------------------------------------------------------------- Europe European stocks are mixed on Thursday as a disappointing earnings report from Facebook parent Meta Platforms gave way to caution ahead of earnings results from some of biggest and most important growth and tech companies in the U.S. U.K. stocks have outperformed on the back of strong earnings reports and news of a takeover approach for Anglo American. While the U.K.?s FTSE 100 Index is up by 0.7 percent, the German DAX Index is down by 0.5 percent and the French CAC 40 Index is down by 0.8 percent. Anglo American has soared after mining giant BHP Group proposed a takeover of the rival in a deal that seeks to create world's biggest copper m... [Read More]( --------------------------------------------------------------- Asia USDCAD [USDCAD]( USDEUR [USDEUR]( USDGBP [USDGBP]( USDJPY [USDJPY]( Asian stocks fell in thin holiday trading on Thursday, with the Australian and New Zealand markets closed for Anzac Day. Investor sentiment was hit as Facebook parent Meta Platforms posted better-than-expected earnings but warned that expenses would be higher this year due to "aggressive" spending on artificial intelligence (AI). Investors also looked ahead to the release of U.S. GDP data for the first quarter as well as earnings reports from major companies across various sectors, including tech g... [Read More]( --------------------------------------------------------------- Commodities Crude oil futures are climbing $0.45 to $83.26 a barrel after falling $0.55 to $82.81 a barrel on Wednesday. Meanwhile,... [Read More]( --------------------------------------------------------------- To unsubscribe from this news bulletin or edit your mailing list settings click [here](. Registered Office/Accounts Dept: Suite 27, Essex Technology Centre, The Gable, Fyfield Road, Ongar, CM5 0GA. Customer Support +1 888-992-3836. Company registered in England and Wales: Number 2374988 VAT No. GB 549 2130 49