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Wall Street Pauses as Earnings Season Heats Up

U.S. stock futures were mixed on Wednesday as investors braced for a wave of corporate earnings that could set the tone for markets in the weeks ahead. Futures tied to the Dow Jones Industrial Average and Nasdaq 100 hovered near flat, while S&P 500 contracts edged slightly higher. The cautious mood followed a record-setting session for the Dow, which closed at an all-time high above 47,000 on Tuesday, buoyed by strong results from blue-chip names like Coca-Cola. However, sentiment was tempered after Netflix shares tumbled more than 6% in after-hours trading on weaker-than-expected quarterly results. All eyes are now on Tesla, IBM, and other major companies set to report later today. Tesla’s earnings, in particular, are expected to be a key test for the so-called “Magnificent Seven” tech giants that have powered much of this year’s rally. Meanwhile, bond markets remained steady, with the 10-year Treasury yield holding just under 4%. Investors are also watching closely for signs ...

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Your daily horoscope: September 30, 2024

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Iran’s Supreme Leader Ayatollah Ali Khamenei Relocated Amid Heightened Security

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Your lookahead horoscope: September 29, 2024

Hezbollah Leader’s Death Sends Shockwaves Across the Middle East

Netanyahu’s Stern Warning to Iran: “We Will Strike Back”

Hezbollah Leader Hassan Nasrallah Killed in Israeli Airstrike on Beirut

Hassan Nasrallah: The Enigmatic Leader of Hezbollah

Your daily horoscope: September 28, 2024