American Express CFO Sees Rising Rates Presenting “Modest Headwinds” To Net Interest Income Over Time
- Reuters Citing Conference Call
American Express CFO Says Billed Business Growth Faced Modest Inflation Headwind
- Reuters Citing Conference Call
US Stocks Headed For Another Tough Day Amid Mixed Earnings, Rate Worries — Tesla Extends Losses, Snap Drags Social Media Stocks Lower
U.S. stocks could languish for a third straight session on Friday, early trading in index futures show. Earnings news continues to be mixed and the uncertainty around the economic outlook could also weigh down on sentiment.
Earnings Scheduled For October 21, 2022
Companies Reporting Before The Bell
• Verizon Communications (NYSE:VZ) is estimated to report quarterly earnings at $1.29 per share on revenue of $33.78 billion.
US Stock Futures Signal Lower Start On Wall Street; Verizon, American Express Earnings In Focus
Pre-open movers
U.S. stock futures traded lower in early pre-market trade on Friday after closing lower in the previous session. The Dow Jones dropped by 90 points on Thursday. US initial jobless claims declined by 12,000 to 214,000 in the week ending October 15th, compared to market estimates of 230,000.
Fear Among US Investors Is Decreasing, Here’s Why
The CNN Money Fear and Greed index showed further easing in the fear level among US investors.
US stocks moved lower in choppy trading on Thursday as investors monitored several major earnings reports. Although stocks have dropped for two sessions in a row, but the major indices are still up over 2% for the week.
Snap, Verizon And 3 Stocks To Watch Heading Into Friday
With US stock futures trading lower this morning on Friday, some of the stocks that may grab investor focus today are as follows:
Ethereum Drops Below $1,300; Here Are The Top Crypto Movers For Friday
Bitcoin (CRYPTO: BTC), the world’s most valued cryptocurrency, traded lower, remaining slightly above the $19,000 mark this morning.
Earnings Season Is Here: Tesla, Netflix, IBM, AT&T And More On Deck – But This Stock Could Be ‘Most Important’
The week of Oct. 17 is one of the busiest weeks for publicly traded companies reporting quarterly earnings.