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Stock Futures Waver Ahead of Big Tech Earnings

Stock futures wobbled ahead of earnings that will provide insight into the effects on the tech industry of inflation and supply-chain disruptions, including the chip shortage

10/20/2021 1:00:00 PM

Stock futures wobbled ahead of earnings that will provide insight into the effects on the tech industry of inflation and supply-chain disruptions, including the chip shortage

U.S. stock futures wobbled ahead of corporate results that will provide insight into the effects on the technology industry of inflation and supply-chain disruptions, including from the global chip shortage.

.Investors are awaiting a Federal Reserve report about economic conditions known as the Beige Book, which is expected to be released at 2:30 p.m. ET.Early Wednesday, the yield on the benchmark 10-year Treasury note reached 1.673%, its highest level since May, up from 1.634% Tuesday. It then eased down to 1.644%.

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“Higher yields mean stock valuations start to look more challenging and it undermines the ‘no alternatives’ argument for stocks if bonds start to yield something meaningful,” Mr. Ganesh said. “We’re not near that point yet, but if we incrementally move up, investors will start to grow a little more concerned.”

Bitcoin traded at around $63,900, 0.3% below the level notched Tuesday after the first. The cryptocurrency has climbed more than 7% in the past two days.Oil prices retreated. Global benchmark Brent crude declined 0.7% and traded at $84.45 a barrel. Read more: The Wall Street Journal »

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Stock Futures Edge Higher Ahead of Major EarningsU.S. stock futures ticked up ahead of a slew of earnings, including from Johnson & Johnson and Procter & Gamble, that investors will parse for insight into how companies are faring with inflation and supply-chain disruptions.

U.S. stock futures struggle ahead of more earnings, with Tesla due after the closeU.S. stocks could struggle to follow up on Tuesday's gains, as investors watch for another big batch of results. I'm happy making good wins and cashing out massively trading with JULIE_FX_TRADER she is the best you can imagine when it comes to Crypto trading, I'm a beneficiary of her trades, I was enable to earn R30000 and now I can say she is the best. Get it intouch 👇👇 JULIE_FX_TRADER Tesla is the most overpriced stock on the market but happy for Elon .

Stock Futures Fall After Weak China Growth DataU.S. stock futures declined after data showed that China’s economic growth had slowed sharply, and investors weighed the risk to global growth from stickier-than-anticipated inflation, supply-chain problems and heightened energy demand. I've learnt a lot from a mentor who were instrumentally in shape with me, and I want to share what I've learnt. Investing with you has changed my life Geoffreypreud There is no greater joy than having financial stability and a life free of debts, that’s why I keep tweeting about lisamiaBTC it has been a pleasure collaborating with you...there is no other way I can show my appreciation other than tweeting the good deed you have done

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