Wall Street finished broadly lower, ending near worst levels before Tesla and Google kicked off the “Magnificent Seven” reporting season after the closing bell. The Dow Jones closed 57 points lower (-0.14%). Up 112 points at best. Down 96 points at worst. The S&P 500 lost 0.16%, and the NASDAQ was flat. Small caps outperformed. The Russell 2000 gained 1.02%, and the VIX edged lower. Telsa fell 2.0% before results and is currently down 7.0% in after-hours trade after the company reported its lowest profit margin in more than five years and missing earnings expectations. Google rose 0.1% before results, now down 1.56% in after-hours trade despite beating Q2 revenue and profit estimates. US treasuries are down a touch following a weak housing market report and a strong 2Y note auction. USD rose 0.12%, and bitcoin gained 0.21%.
Tesla drops 7.4% after hours on quarterly. Alphabet modestly lower.
ASX to inch higher. SPI Futures up 11 points ( +0.14%).
COMMODITIES
Recent editions of PRE-MARKET REPORT
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Tuesday, 23 Jul 2024
Monday, 22 Jul 2024
Friday, 19 Jul 2024
Thursday, 18 Jul 2024
Wednesday, 17 Jul 2024
Tuesday, 16 Jul 2024
Monday, 15 Jul 2024
Friday, 12 Jul 2024
Thursday, 11 Jul 2024
Wednesday, 10 Jul 2024
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Wall Street finished broadly lower, ending near worst levels before Tesla and Google kicked off the “Magnificent Seven” reporting season after the closing bell. The Dow Jones closed 57 points lower (-0.14%). Up 112 points at best. Down 96 points at worst. The S&P 500 lost 0.16%, and the NASDAQ was flat. Small caps outperformed. The Russell 2000 gained 1.02%, and the VIX edged lower. Telsa fell 2.0% before results and is currently down 7.0% in after-hours trade after the company reported its lowest profit margin in more than five years and missing earnings expectations. Google rose 0.1% before results, now down 1.56% in after-hours trade despite beating Q2 revenue and profit estimates. US treasuries are down a touch following a weak housing market report and a strong 2Y note auction. USD rose 0.12%, and bitcoin gained 0.21%.
Tesla drops 7.4% after hours on quarterly. Alphabet modestly lower.
ASX to inch higher. SPI Futures up 11 points ( +0.14%).
COMMODITIES
Recent editions of PRE-MARKET REPORT
-Select-
Tuesday, 23 Jul 2024
Monday, 22 Jul 2024
Friday, 19 Jul 2024
Thursday, 18 Jul 2024
Wednesday, 17 Jul 2024
Tuesday, 16 Jul 2024
Monday, 15 Jul 2024
Friday, 12 Jul 2024
Thursday, 11 Jul 2024
Wednesday, 10 Jul 2024
Why not sign up for a free trial? Get access to expert market insights and manage your investments with confidence.
Ready to invest in yourself? Join the Marcus Today community.