Futures pointing to higher open as earnings kick off in earnest
2018-10-16 07:52:26
Stock futures are suggesting a higher open as earnings begin kicking off in earnest with two Dow components reporting this morning and Netflix (NFLX) reporting after the close. Oil prices are lower as the situation with Saudi Arabia has settled down, although the fallout from the supposed accidental death of journalist Jamal Khashoggi remains to be seen. Investors will be watching the industrial production, housing market index, and JOLTS job openings data scheduled for release this morning. In early pre-market trading, Dow futures are 100 points above fair value, Nasdaq futures are 43 points…
Stock futures are suggesting a higher open as earnings begin kicking off in earnest with two Dow components reporting this morning and Netflix (NFLX) reporting after the close. Oil prices are lower as the situation with Saudi Arabia has settled down, although the fallout from the supposed accidental death of journalist Jamal Khashoggi remains to be seen. Investors will be watching the industrial production, housing market index, and JOLTS job openings data scheduled for release this morning. In early pre-market trading, Dow futures are 100 points above fair value, Nasdaq futures are 43 points above fair value and S&P futures are 10 points above fair value.