Published on 7 May 2024 on Benzinga
... Futures Signal Mixed Open: What's Going On With Stock Market Today? - Invesco QQQ Trust, Series...
The recent market recovery shows signs of a slight falter. Index futures indicate a mixed open on Tuesday. Negative reactions to earnings from AI-linked company Palantir Technologies PLTR could weigh on the tech sector. Surprisingly, Walt Disney Co. DIS shares fell sharply pre-market despite reporting a profit and its direct-to-consumer business turning a profit for the first time.
Traders may also focus on a speech by a hawkish Federal Reserve official scheduled for midday. Bond yields and the March consumer credit report could also be in the spotlight.