
23 10 US PRE OPEN
The S&P 500 Futures remain well directed after they closed higher yesterday
Share this:
Later today, October Manufacturing PMI will be expected at 53.5 while October Services PMI will be expected at 54.6.
European indices are on the upside. The U.K. Office for National Statistics has reported September retail sales at +1.5% (vs +0.2% on month expected). Research firm Markit has published preliminary readings of October Manufacturing PMI for the Eurozone at 54.4 (53.0 expected), for Germany at 58.0 (vs 55.0 expected), for France at 51.0 (vs 51.0 expected) and for the U.K. at 53.3 (vs 53.1 expected). Also, the preliminary readings of October Services PMI were published for the Eurozone at 46.2 (vs 47.0 expected), for Germany at 48.9 (vs 49.4 expected), for France at 46.5 (vs 47.0 expected) and for the U.K. at 52.3 (vs 53.9 expected).
Asian indices closed in dispersed order. This morning, official data showed that Japan's national CPI was flat on year in September (as expected).
WTI Crude Oil futures are under pressure. Later today, Baker Hughes will report the total number of rig counts for the U.S. and Canada.
Gold remains firm while the U.S dollar consolidates on U.S stimulus hopes.
Gold rose 5.64 dollars (+0.3%) to 1909.74 dollars.
The dollar index fell 0.16pt to 92.791.
U.S. Equity Snapshot
Intel (INTC), a designer and manufacturer of microprocessors, tanked after hours after reporting Data Center sales down 7% to 5.9 billion dollars, below estimates. The stock was downgraded to "underperform" from "neutral" at BofA.
Source: TradingView, GAIN Capital
American Express (AXP), a globally integrated payments company, loses ground premarket after posting third quarter adjusted EPS below estimates.
Gilead Sciences (GILD), a biopharmaceutical company focused on infectious diseases, popped in extended trading after the US FDA approved remdesivir for treatment of COVID-19.Wells Fargo (WFC), a financial services company, is considering selling its asset management business, which may be valued at more than 3 billion dollars, reported Reuters.
Mattel (MAT), the toy maker, jumped in extended trading as quarterly earnings significantly beat estimates.
Capital One Financial (COF), a diversified banking services firm, announced third quarter adjusted EPS of 5.05 dollars, exceeding forecasts, up from 3.32 dollars a year ago.
Later today, October Manufacturing PMI will be expected at 53.5 while October Services PMI will be expected at 54.6.
European indices are on the upside. The U.K. Office for National Statistics has reported September retail sales at +1.5% (vs +0.2% on month expected). Research firm Markit has published preliminary readings of October Manufacturing PMI for the Eurozone at 54.4 (53.0 expected), for Germany at 58.0 (vs 55.0 expected), for France at 51.0 (vs 51.0 expected) and for the U.K. at 53.3 (vs 53.1 expected). Also, the preliminary readings of October Services PMI were published for the Eurozone at 46.2 (vs 47.0 expected), for Germany at 48.9 (vs 49.4 expected), for France at 46.5 (vs 47.0 expected) and for the U.K. at 52.3 (vs 53.9 expected).
Asian indices closed in dispersed order. This morning, official data showed that Japan's national CPI was flat on year in September (as expected).
WTI Crude Oil futures are under pressure. Later today, Baker Hughes will report the total number of rig counts for the U.S. and Canada.
Gold remains firm while the U.S dollar consolidates on U.S stimulus hopes.
Gold rose 5.64 dollars (+0.3%) to 1909.74 dollars.
The dollar index fell 0.16pt to 92.791.
U.S. Equity Snapshot
Intel (INTC), a designer and manufacturer of microprocessors, tanked after hours after reporting Data Center sales down 7% to 5.9 billion dollars, below estimates. The stock was downgraded to "underperform" from "neutral" at BofA.
Source: TradingView, GAIN Capital
American Express (AXP), a globally integrated payments company, loses ground premarket after posting third quarter adjusted EPS below estimates.
Gilead Sciences (GILD), a biopharmaceutical company focused on infectious diseases, popped in extended trading after the US FDA approved remdesivir for treatment of COVID-19.Wells Fargo (WFC), a financial services company, is considering selling its asset management business, which may be valued at more than 3 billion dollars, reported Reuters.
Mattel (MAT), the toy maker, jumped in extended trading as quarterly earnings significantly beat estimates.
Capital One Financial (COF), a diversified banking services firm, announced third quarter adjusted EPS of 5.05 dollars, exceeding forecasts, up from 3.32 dollars a year ago.
Related tags:
Latest market news
View more newsThe complete CFD trading experience
Award-winning platforms, competitive spreads, low commissions and dedicated support.
We live and breathe the markets and are dedicated to helping traders realise their ambitions as we continue to set the industry bar.
Economic calendar
Web Trader platform
Our sophisticated web-based platform is packed with features.

S&P 500, Nasdaq, Dow Forecast: Rising Yields Test Rally Ahead of Nvidia, Fed 8 22 2026
S&P 500, Nasdaq and Dow test key technical levels as momentum fades, raising the risk of a deeper correction heading into a pivotal week.

Magnificent Seven Earnings Preview: Can Big Tech Reclaim AI Leadership?
The Magnificent Seven enter earnings with far more divided performance than in previous years, as investors increasingly distinguish between companies supplying the AI buildout and those funding it - what does that mean heading into earnings season?

USD/JPY unwind accelerates as GPIF headlines spark yen buying
Japanese assets are rallying after the government floated the prospect of the GPIF investing more heavily at home. While the proposal could have significant implications for global capital flows, it does not yet change the broader forces driving Japanese bond yields and USD/JPY.
StoneX Europe Ltd may make third party material available on this website which may contain information included but not limited to the conditions of financial markets. The material is for information purposes only and does not contain, and should not be construed as containing, investment advice and/or investment recommendation and/or an investment research and/or an offer of or solicitation for any transactions in financial instruments; any decision to enter into a specific transaction shall be made by the client following an assessment by him/her of their situation.
StoneX Europe Ltd makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplied. You should always seek independent advice as to your suitability to speculate in any related markets and your ability to assume the associated risks, if you are at all unsure. We are not under any obligation to update any such material. Any opinion made may be personal to the author and may not reflect the opinion of StoneX Europe Ltd.








