US STOCKS-Futures Inch up Ahead of Powell's Comments; Tesla Drops,

US STOCKS-Futures Inch up Ahead of Powell's Comments; Tesla Drops,

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Las Vegas Sands rose 5.4% following the babu88 casino (babu88casino.online) operator's better-than-expected third quarter profit and revenue. Tesla, however, slid 5.1% as the electric vehicle (EV) maker missed Wall Street expectations on third-quarter gross margin, profit and revenue. Lam Research fell 2.1% as the chip manufacturing equipment supplier forecast second-quarter revenue slightly below Wall Street estimates. Wall Street's main indexes ended around 1% lower on Wednesday amid surging bond yields. Treasury yields eased off multi-year peaks ahead of remarks from Federal Reserve Chair Jerome Powell. Fed policymakers on Wednesday signaled a pause in hiking interest rates for another couple of months as they wait for signs of progress in their fight against inflation and the potential for the recent rise in long-term yields to do some of their work for them. Leggi di più

Pubblicato il 2024/12/07

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Las Vegas Sands rose 5.4% following the babu88 casino (babu88casino.online) operator's better-than-expected third quarter profit and revenue. Tesla, however, slid 5.1% as the electric vehicle (EV) maker missed Wall Street expectations on third-quarter gross margin, profit and revenue. Lam Research fell 2.1% as the chip manufacturing equipment supplier forecast second-quarter revenue slightly below Wall Street estimates. Wall Street's main indexes ended around 1% lower on Wednesday amid surging bond yields. Treasury yields eased off multi-year peaks ahead of remarks from Federal Reserve Chair Jerome Powell. Fed policymakers on Wednesday signaled a pause in hiking interest rates for another couple of months as they wait for signs of progress in their fight against inflation and the potential for the recent rise in long-term yields to do some of their work for them.

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