Stock futures hold steady ahead of a big week of big tech revenues

Traders operating in the New York Stock Exchange (NYSE) will meet on Wednesday, April 21, 2021.

Source: NYSE

The stock’s futures have not changed much since the major average completed the previous session at the close of the reporting period and before the weekly earnings report.

Dow Jones Industrial Average decreased by 5 points or 0.01%. The S and P500 and Nasdaq 100 are down 0.03% and 0.01%, respectively.

During the last session, Dow jumped 238.20 points or 0.68% to 35,061.55. The SNP 500 gained 1.01% to 4,411.79, while the Nasdaq composition rose 1.04% to 14,836.99.

The three major advisers reached a peak last week after falling early in the weeks leading up to the expansion of the Cove delta delta and economic recovery. Uncertainty has sent bond yields in short, and investors have jumped into technology stocks. Both bonds and treasures returned quickly over the weekend.

Technological stocks rose second-quarter earnings in the second quarter as well as widening Delta differences. Following the expected second-quarter earnings report, Twitter and Spain were added each Thursday. Twitter finished 3% higher on Friday, while SNP rose 24%.

One of the most exciting weekly earnings reports will be available next week, starting after Tesla closes. Last week, CEO Elon Musk announced that the car will start accepting bitcoin again for vehicle purchases.

The tech giants Apple, Fidel and Microsoft will report on Tuesday, while Google, Facebook and Amazon will also report over the weekend.

Investors have been watching the federation’s two-day policy meeting since Tuesday. The Federal Open Market Committee and the Board of Buyers are expected to make a statement on Wednesday on the monetary policy stance. On Thursday, the Commerce Department will report second-quarter GDP data.

The U.S. Department of Housing and Urban Development will release new home sales data on Monday morning and the Dallas Federal Reserve Bank will release its monthly business data for production in Texas.

.

Leave a Comment