Futures hold tight ranges after debate, stimulus talks
- It's been quite a choppy trading week on Wall Street, and the trend
didn't stop overnight, with U.S. stock index futures inching into the
green
after spending the first half of session in the red. Dow +0.4%; S&P 500
+0.3%; Nasdaq +0.1%.
- While House Speaker Nancy Pelosi said progress on a stimulus deal was
"just about there," White House economic adviser Larry Kudlow cautioned
"significant policy differences" remained, which were unlikely to be
resolved before the election.
- Speaking of Nov. 3, President Trump and former Vice President Joe
Biden traded some barbs last night over the oil industry, coronavirus
shutdowns and the minimum wage in the final presidential debate.
- On the economy, the latest weekly initial jobless claims dropped
55,000 to fall below 800,000 for first time since March, but remain
stubbornly high as a new coronavirus aid package gets worked out.
- Meanwhile, about a fifth of S&P 500 companies have reported Q3
results, of which 84.1% beat earnings estimates, according to IBES
Refinitiv data.
|Today, 5:47 AM
- It's been quite a choppy trading week on Wall Street, and the trend
didn't stop overnight, with U.S. stock index futures inching into the
green
after spending the first half of session in the red. Dow +0.4%; S&P 500
+0.3%; Nasdaq +0.1%.
- While House Speaker Nancy Pelosi said progress on a stimulus deal was
"just about there," White House economic adviser Larry Kudlow cautioned
"significant policy differences" remained, which were unlikely to be
resolved before the election.
- Speaking of Nov. 3, President Trump and former Vice President Joe
Biden traded some barbs last night over the oil industry, coronavirus
shutdowns and the minimum wage in the final presidential debate.
- On the economy, the latest weekly initial jobless claims dropped
55,000 to fall below 800,000 for first time since March, but remain
stubbornly high as a new coronavirus aid package gets worked out.
- Meanwhile, about a fifth of S&P 500 companies have reported Q3
results, of which 84.1% beat earnings estimates, according to IBES
Refinitiv data.
|Today, 5:47 AM
Comments
Post a Comment