Stock Market Today – Thursday, July 26: What You Need to Know
U.S. stock futures moved lower early Tuesday morning as investors digested recent earnings reports and dismal company outlooks, and braced themselves for more earnings releases from major blue-chip firms. Moreover, Walmart’s (WMT) profit guidance cut also affected market sentiments in the pre-market hours. This drove investors away in flocks from retail stocks, leading to a drop in peer companies such as Amazon (AMZN), Target (TGT), Macy’s (M), Dollar General (DG), and Costco (COST). Futures on the Dow Jones Industrial Average (DJIA) gained 0.11%, while those on the SP 500 (SPX) moved 0.07% lower, as of 4.11 a.m. EST, Wednesday. Meanwhile, the Nasdaq 100 (NDX) futures slightly advanced by 0.02%.
Stock Market Today – Thursday, July 26: What You Need to Know
U.S. stock futures moved lower early Tuesday morning as investors digested recent earnings reports and dismal company outlooks, and braced themselves for more earnings releases from major blue-chip firms. Moreover, Walmart’s (WMT) profit guidance cut also affected market sentiments in the pre-market hours. This drove investors away in flocks from retail stocks, leading to a drop in peer companies such as Amazon (AMZN), Target (TGT), Macy’s (M), Dollar General (DG), and Costco (COST). Futures on the Dow Jones Industrial Average (DJIA) gained 0.11%, while those on the SP 500 (SPX) moved 0.07% lower, as of 4.11 a.m. EST, Wednesday. Meanwhile, the Nasdaq 100 (NDX) futures slightly advanced by 0.02%.