in

Tesla Stock Active, Wall Street Futures Gain; Ford, Uber in Focus

Tesla Stock Active, Wall Street Futures Gain; Ford, Uber in Focus


The Thursday Market Minute

  • Global stocks mixed as earnings continue to drive European gains while Delta variant infections rattle sentiment in Asia.
  • Benchmark 10-year note yields hold near 1.2% following hawkish comments from Fed Vice Chair Richard Clarida amid a softer-than-expected ADP jobs report.
  • President Joe Biden to sign executive order targeting a 50% EV production rate for American carmakers by 2050.
  • Uber shares tumble on wider Q2 loss despite record high bookings of $22 billion.
  • Oil prices slide as Delta infections raise demand questions and EIA reports a surprise 3.6 million increase in domestic crude stocks.
  • U.S. equity futures suggest a modestly firmer open on Wall Street ahead of second quarter earnings from Moderna, Kellog and ViacomCBS as well as weekly jobless claims data at 8:30 am Eastern time.

Wall Street futures edged higher Thursday, while bond yields snapped-backed from yesterday’s rally on hawkish comments from the Federal Reserve, as investors remain laser-focused on jobs and earnings data heading into Friday’s crucial payroll report. 

!function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function()
{n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments)}
;if(!f._fbq)f._fbq=n;
n.push=n;n.loaded=!0;n.version=’2.0′;n.queue=[];t=b.createElement(e);t.async=!0;
t.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window,
document,’script’,’https://connect.facebook.net/en_US/fbevents.js’);
(function(){
fbq(‘init’, ‘135067773744716’);
fbq(‘track’, ‘PageView’);
var contentId = ‘ci0289e65470002560’;
if (contentId !== ”) {
fbq(‘track’, ‘ViewContent’, {content_ids: [contentId], content_type: ‘product’});
}
})();



Source link

What do you think?

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Report: Apple to announce client-side photo hashing system to detect child abuse images in user’s photos libraries

Olympic cycling Day 13: Dutch win, mixed bag for GB