Amazon Surges to Record High, Boosting Nasdaq
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Nasdaq Futures Fall as Netflix and Texas Instruments Earnings Disappoint, Tesla Results in Focus
December Nasdaq 100 E-Mini futures (NQZ25) are trending down -0.17% this morning as investors digest disappointing results from Netflix and Texas Instruments. Netflix (NFLX) slumped over -6% in pre-market trading after the streaming giant reported weaker-than-expected Q3 EPS.
December S&P 500 E-Mini futures (ESZ25) are down -0.18%, and December Nasdaq 100 E-Mini futures (NQZ25) are down -0.20% this morning as investors weigh the outcome of the highly anticipated Trump-Xi meeting,
Fed policy and MAG7 earnings dominated market focus as Dow Jones and Nasdaq 100 futures traded mixed, holding key support after record highs Tuesday.
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Stocks Settle Lower as Megacap Technology Stocks Slide
The S&P 500 Index ($SPX) (SPY) on Thursday closed down -0.99%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.23%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.47%. December E-mini S&P futures (ESZ25) fell -0.
Wall Street indexes closed higher Friday, led by Amazon's strong earnings forecast. Stock futures indicated continued optimism for the next trading session. The S&P 500, Nasdaq, and Dow all posted weekly and monthly gains,