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Stocks Flat After Sharp Tuesday Losses; Earnings Outlook Key for Broad Rally

  • U.S. stock futures traded near the flatline Tuesday night after sharp losses on Tuesday. Dow futures rose 34 points, S&P 500 futures inched up 0.1%, and Nasdaq 100 futures added 0.1%.

  • Shares of Costco fell 2.5% in after-hours trading after reporting slower sales growth. Costco beat expectations on earnings and revenue.

  • During Tuesday's session, the Dow fell 388 points, the S&P 500 declined 1.47%, and the Nasdaq dropped 1.57% after disappointing home sales and consumer confidence data.

  • The market is living up to its "seasonally weak September," said one strategist. The S&P 500 is down 5.2% this month, the Dow 3.2%, and the Nasdaq nearly 7%.

  • Earnings outlook must improve for a broader rally, says one wealth manager. Tech has rallied dramatically but earnings decelerated for three straight quarters.

cnbc.com
Relevant topic timeline:
U.S. stock futures rise as Wall Street attempts to build momentum following positive sessions for Nasdaq Composite and S&P 500.
U.S. stock index futures rise as Treasury yields decline, with tech stocks leading the rally ahead of earnings reports and Federal Reserve Chair Jerome Powell's upcoming speech.
US stock futures are higher as Treasury yields back up slightly after reaching a 16-year high, with the Dow and S&P 500 both up and Nasdaq futures leading with over 0.7% as investors await results from Nvidia and a speech from Fed Chair Jay Powell.
Stock futures rise as investors await economic data and the monthly jobs report, while tech companies Instacart, Klaviyo, and Arm file for IPOs, China Evergrande Group's shares plummet, and meme stock Bed Bath & Beyond continues to trade despite bankruptcy.
Stock futures remain near flat as August proves to be a challenging month for the market, with the Dow on pace to finish 2.8% lower and the S&P 500 and Nasdaq set for losses of 3.4% and 4.5% respectively.
Stock futures are down as Wall Street prepares for a wave of economic data and concludes a challenging month for equities.
Stock futures indicate a flat start for Wall Street, following the S&P 500's recent winning streak and strong performance.
S&P 500 futures remain flat after the index achieved its fourth consecutive positive day, and Salesforce reports better-than-expected earnings and guidance, causing its shares to rise.
U.S. stock futures are mixed as investors await economic data and assess the possibility of the Federal Reserve ending its interest rate hiking campaign, while Chinese manufacturing contracts, increasing pressure for stronger economic support from Beijing.
U.S. stock futures decline as bond yields rise despite weak economic news from China and Europe.
Stock futures slipped on Friday as officials hinted the Federal Reserve may keep interest rates unchanged, causing tech stocks, particularly Apple, to fall, although the company's shares stabilized after dragging down the Nasdaq.
Stock futures open flat as investors await economic data and earnings from tech companies.
US stock futures were mostly steady as the major indexes aimed to extend gains from Thursday's rally, while positive economic data from China and strong performance from British chipmaker Arm added further support.
Stocks traded flat on Monday as investors focused on the upcoming Federal Reserve meeting where the central bank will issue its next interest rate decision, with expectations of a rate hold solidifying and a 99% probability that the Fed will pause its rate hikes.
Stock futures opened flat as investors analyzed the Federal Reserve's projections, while FedEx shares gained 5% after beating earnings expectations and KB Home fell 2% despite exceeding Wall Street's forecasts.
Stock futures traded lower as the Federal Reserve held interest rates steady but hinted at the possibility of a rate hike later this year.
Summary: Dow Jones futures, S&P 500 futures, and Nasdaq futures all rose overnight, while the stock market correction continued with heavy losses as the 10-year Treasury yields surged, leading to the S&P 500 undercutting its August lows and the Nasdaq and Dow Jones coming close to doing the same.
Stock futures rise slightly as certain stocks, including Ford, Activision, Alibaba, U.S. Steel, and Scholastic, show significant movement.
Stock futures in the US edged higher after a sell-off triggered by the Federal Reserve's indication of higher interest rates, with the S&P 500 on track for a rebound after its worst day since March.
U.S. stock futures traded lower on Monday with several big stocks, including Lifezone Metals, American Oncology Network, NIO Inc., and Li Auto recording losses in the pre-market trading session.
U.S. futures are trending higher after a dismal performance on stock indices, with oil futures also increasing and treasury yields hovering around 4.50%, while in Asia-Pacific markets, most indices ended higher due to positive economic data.
Stock futures trade near flat as investors prepare for the final trading days of a weak month and quarter, with the Dow, S&P 500, and Nasdaq all on track for losses.
U.S. stock futures remain steady as Wall Street faces a slump in September; Micron shares fall after wider-than-expected loss forecast; Meta Platforms unveils new AI-powered products; Evergrande share trading suspended; Oil prices dip after surge in crude stock.
Stock futures are rising as investors await a new measure of U.S. inflation after the worst month of the year for equities.
US stock futures rose after a deal was reached to avoid a government shutdown, while Asian equities fluctuated due to concerns over global interest rates; investors found relief in China's manufacturing activity returning to expansion and South Korea's exports easing.
U.S. stock futures turn lower as traders await job openings data, Sam Bankman-Fried's fraud trial begins, and shares of China Evergrande surge after trading resumes in Hong Kong.
U.S. stock futures are slightly lower as investors await key jobs data, Clorox's stock slides after releasing guidance for its fiscal first quarter, Hong Kong's private sector contracts for the third consecutive month, and federal student loan payments resume causing borrowers to cut their budgets.
U.S. stock futures were flat on Friday morning as traders awaited the release of the September jobs report, with Dow Jones Industrial Average futures down 0.05%, S&P 500 futures down 0.07%, and Nasdaq 100 futures down 0.04%. Investors are hoping for a softer jobs report to ease concerns over rising bond yields.
Stock futures rose on Friday as investors awaited the release of the monthly US jobs report, which could influence the Federal Reserve's decision on interest rates.
US stock futures plummeted after the US jobs report revealed stronger-than-expected job growth, raising the possibility of a more restrictive monetary policy from the Federal Reserve.
Stock futures trimmed gains as investors awaited the release of US consumer inflation data, which could impact the Federal Reserve's decision on interest rates.
Dow Jones futures, S&P 500 futures, and Nasdaq futures were relatively stable overnight, but the stock market rally retreated due to rising Treasury yields and a poorly received Treasury auction.
Dow Jones futures rose slightly while S&P 500 futures and Nasdaq futures fell; Treasury yields retreated as crude oil prices spiked due to tighter sanctions on Russian crude sales, and several major companies including UnitedHealth, JPMorgan Chase, and Wells Fargo reported earnings.
U.S. stock futures cautiously rose as Middle East tensions and higher Treasury yields fuel anxiety among investors at the start of the week.
U.S. stock futures are trading lower today, with investor focus on Johnson & Johnson's earnings report, NetScout Systems' weak results, Bank of America's earnings release, 22nd Century Group's proposed public offering, and Goldman Sachs' quarterly earnings.
US stock futures declined as the benchmark 10-year Treasury yield surpassed 5%, causing investors to anticipate higher interest rates for a longer period and adding to concerns over escalating Middle East tensions, as the market awaits earnings reports from Big Tech companies.