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Wall Street aims to open reasonably positively

Leading companies will announce quarterly results this week. General Electric (GE), UPS (UPS), Alphabet (GOOGL), Coca-Cola (KO), General Motors (GM), McDonald’s (MCD), Ford (F), Amazon (AMZN), Apple (APPL), ExxonMobil ( XOM) is just a few of the companies that will report next week’s results.

New home sales, consumer confidence, consumer durables orders, and responses to this week’s personal income and spending reports could also draw special attention.

Early signs from the US Futures Index on Monday suggest that Wall Street could open reasonably positively.

Asian stocks ended up mixed, but European stocks have fallen mostly.

At 7:45 am ET, Dow futures rose 8.00 points, S & P 500 futures rose 5.50 points and Nasdaq 100 futures rose 44.75 points.

US majors ended almost low on Friday. The Dow fluctuated throughout the session, ending the day at 35,677.02, up 73.94 points or 0.2 percent.
Meanwhile, the Nasdaq fell 125.50 points (0.8%) to 15,090.20, while the S & P 500 fell 4.88 points (0.1%) to 4,544.90 after closing its record on Thursday.

Economically, the Chicago Federal Reserve Bank of Chicago National Activity Index for September is scheduled for 8:30 EST. The index for the previous month was 0.29.

The October Federal Reserve Bank of Dallas Manufacturing Survey will be published at 10:30 EST. The consensus was 4.9, up 4.6 last month.

A 6-month Treasury securities auction will be held at 11:30 EST.

Asian stocks showed mixed performances on Monday. China’s stocks rose after China’s Evergrande Group said it had resumed work on more than 10 real estate projects in six cities. The Shanghai Composite Index benchmark rose 27.26 points (0.76%) to close at 3,609.86.

Hong Kong’s Hang Seng Index ended flat. Japanese stocks have fallen. The Nikkei Stock Average fell 204.44 points (0.71%) to 28,600.41, and the Tokyo Stock Price Index fell 0.34% to 1,995.42.

Australian person market Soaring commodity prices helped limit mining and energy inventories, resulting in modest increases. The benchmark S & P / ASX 200 index rose 25.50 points (0.34%) to 7,441, while the broader All Ordinaries index rose 27.50 points (0.36%) to 7,754.30.

European stocks are almost down. Among the major indices in the region, France’s CAC 40 index has fallen 12.32 points (0.18%). Germany’s DAX has added 44.19 points or 0.28 percent, and the UK’s FTSE 100 Index has scored 23.79 points or 0.33 percent.

The Swiss Market Index has lost 29.15 points or 0.24 percent.

The Eurostocks 50 Index, which summarizes the 50 best stocks in the entire euro area, is up 0.079%.

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Wall Street aims to open reasonably positively

Source link Wall Street aims to open reasonably positively

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