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[1/2] A Wall Street sign outside the New York Stock Exchange in New York City, New York, U.S., October 2, 2020. REUTERS/Carlo AllegriSummarySummary Companies Meta Platforms rises on report of job cutsFutures up: Dow 0.22%, S&P 0.21%, Nasdaq 0.23%Nov 7 (Reuters) - U.S. stock indexes were set to open higher on Monday following a rollercoaster week, with investor focus shifting to Tuesday's midterm elections that will determine control of Congress. Traders are now betting on 67% odds of a 50-basis point rate hike at the U.S. central bank's meeting in December. ET, Dow e-minis were up 72 points, or 0.22%, S&P 500 e-minis were up 7.75 points, or 0.21%, and Nasdaq 100 e-minis were up 25.25 points, or 0.23%. The CBOE Volatility index (.VIX), also known as Wall Street's fear gauge, rose to 25.38 points a day after closing at its lowest since Sept. 13.

[1/2] A Wall Street sign outside the New York Stock Exchange in New York City, New York, U.S., October 2, 2020. "In general we have seen stocks perform better after a split government, I expect that to continue." Economists expect the annual consumer prices inflation to slow to 8.0% and the core numbers to dip to 6.5%. Both the midterm elections and inflation are likely to provide major cues for Wall Street after a volatile week dominated by mixed jobs report and hawkish comments from Fed Chair Jerome Powell. All the three major U.S. stock indexes are in bear market territory, from their previous record closing highs.

☆ A former student of Ron DeSantis' says he was 'hostile' to her because she was Black and would play 'devil's advocate' about the Civil War: NYT
▼ + stars: | 2022-11-05 | by ( Katie Balevic | ) www.businessinsider.com time to read: +3 min

Ron DeSantis spent a year at a private school in Georgia teaching history and government, per The New York Times. A former student said DeSantis would "play devil's advocate" over controversial subjects like the Civil War. While teaching history and government, DeSantis liked to debate controversial subjects, including the Civil War, former Darlington student and 2003 graduate Danielle Pompey recalled to the Times. "Mr. Ron, Mr. DeSantis, was mean to me and hostile toward me," Pompey told the Times. In the video seen by the Times, a student pretending to be DeSantis said, "The Civil War was not about slavery!

☆ Former students of Ron DeSantis said he was a 'total jock' who partied with students and thought it was 'very special' that he graduated from Yale: NYT
▼ + stars: | 2022-11-05 | by ( Katie Balevic | ) www.businessinsider.com time to read: +4 min

Ron DeSantis spent a year after college teaching at a private school in Georgia, per The New York Times. Former students said he had a "smug" air about him and was a "total jock" who partied with students. Some students recalled DeSantis fondly while others remembered "unthinkable" pranks he pulled on students. "He was a total jock; that was his personality," Gates Minis, a 2003 graduate of the school, told the Times. Some other students recalled the Florida governor differently, telling the Times he had a bit of a superiority complex.

☆ Futures rise with all eyes on key jobs data
▼ + stars: | 2022-11-04 | by ( ) www.reuters.com time to read: +3 min

Nonfarm payrolls is expected to have increased by 200,000 jobs last month after rising 263,000 in September, according to a Reuters survey of economists. The U.S. central bank on Wednesday hiked its benchmark rate by 75 basis points as expected while hinting at smaller increases ahead. However, Fed Chair Jerome Powell said the "ultimate level" of policy rate would likely be higher than previously estimated. ET, Dow e-minis were up 197 points, or 0.62%, S&P 500 e-minis were up 29 points, or 0.78%, and Nasdaq 100 e-minis were up 84.5 points, or 0.79%. Reporting by Shubham Batra, Shreyashi Sanyal and Sruthi Shankar in Bengaluru; Editing by Sriraj KalluvilaOur Standards: The Thomson Reuters Trust Principles.

☆ Futures signal more losses on Fed's rate hike view
▼ + stars: | 2022-11-03 | by ( ) www.reuters.com time to read: +2 min

However, rate futures markets implied the odds of peak Fed funds rate climbing to 5% or higher next year compared with a prior estimate of 4.50%-4.75% rise. Focus will shift to Friday's jobs data, expected to show nonfarm payrolls increased by 200,000 in October. ET, Dow e-minis were down 39 points, or 0.12%, S&P 500 e-minis were down 6.5 points, or 0.17%, and Nasdaq 100 e-minis were down 28.5 points, or 0.26%. Qualcomm Inc (QCOM.O) tumbled 6.9% after the chipmaker's forecast for holiday-quarter revenue fell about $2 billion short of Street estimates. Roku Inc (ROKU.O) slumped 18.8% after the streaming platform forecast holiday-quarter revenue below Wall Street estimates as ad spending dries up.

☆ Future rise after strong month on Wall Street
▼ + stars: | 2022-11-01 | by ( ) www.reuters.com time to read: +2 min

SummarySummary Companies Futures up: Dow 0.58%, S&P 0.82%, Nasdaq 1.05%Nov 1 (Reuters) - U.S. stock index futures rose on Tuesday after a strong October on Wall Street, as investors clung to hopes that the Federal Reserve will signal a slower pace of future interest rate hikes as economic growth slows. But traders are hoping that the Fed could soon pause its rate hikes or at least shift to a less aggressive stance. ET, Dow e-minis were up 190 points, or 0.58%, S&P 500 e-minis were up 32 points, or 0.82%, and Nasdaq 100 e-minis were up 119.75 points, or 1.05%. ET, is expected to show manufacturing PMI fell to 50 last month after declining to 50.9 in September. Reporting by Sruthi Shankar and Amruta Khandekar in Bengaluru; Editing by Saumyadeb ChakrabartyOur Standards: The Thomson Reuters Trust Principles.

☆ Futures fall as investor hopes for a less hawkish Fed wobble
▼ + stars: | 2022-10-31 | by ( ) www.reuters.com time to read: +2 min

The S&P 500 (.SPX) and the Nasdaq (.IXIC) had notched two straight weekly gains on Friday, supported by better-than-expected earnings from companies outside the technology sector as well as hopes for a less hawkish Fed in the future. Still, both indexes are set to record gains in October after two straight months of declines. Traders are nearly equally split in their expectations of the Fed delivering a smaller interest rate hike at its next policy meeting, with odds of a 50 basis point rate hike in December standing at 47.9%, according to CME Group's Fedwatch tool. ET, Dow e-minis were down 146 points, or 0.44%, S&P 500 e-minis were down 20.5 points, or 0.52%, and Nasdaq 100 e-minis were down 80.25 points, or 0.69%. Reporting by Amruta Khandekar in Bengaluru; Editing by Maju SamuelOur Standards: The Thomson Reuters Trust Principles.

☆ Futures sink as grim forecasts from Amazon, Apple fan recession fears
▼ + stars: | 2022-10-28 | by ( ) www.reuters.com time to read: +2 min

[1/2] Amazon logo is seen in front of a decreasing stock graph in this illustration taken April 29, 2022. Apple Inc (AAPL.O) cautioned revenue growth could see some pressure in the December quarter but shares edged 0.6% higher as the iPhone maker's fourth-quarter results showed some resilience. ET, Dow e-minis were down 97 points, or 0.3%, S&P 500 e-minis were down 30 points, or 0.79%, and Nasdaq 100 e-minis were down 130.75 points, or 1.16%. A report on Thursday showing a rebound in U.S. economic growth in the third quarter had helped ease slowdown fears. Shares of Tesla were down 1.1% premarket.

Snapchat has reduced the size of its creator fund for its short-video feature Spotlight. Snapchat has once again lowered the total amount it's paying to creators who use its short-video feature Spotlight. Two other Snapchat creators similarly told Insider they saw drops in their Spotlight payments in this year and that Spotlight is less lucrative than it was when it first launched in November 2020. Snapchat doesn't say exactly how it decides which creators get paid from the Spotlight fund. Snapchat's move to reduce its Spotlight fund comes at a perilous moment for Snap.

☆ Futures climb on easing rate hike bets, Meta plunges on dismal outlook
▼ + stars: | 2022-10-27 | by ( ) www.reuters.com time to read: +2 min

The Bank of Canada announced a smaller-than-expected rate hike on Wednesday, with investor focus on a decision from the European Central Bank later in the day. ET is expected to show GDP growth likely rebounded at a 2.4% annualized rate last quarter after two straight quarterly declines. ET, Dow e-minis were up 160 points, or 0.5%, S&P 500 e-minis were up 12.25 points, or 0.32%, and Nasdaq 100 e-minis were up 1.75 points, or 0.02%. Ford Motor Co (F.N) fell 1.3% after the automaker reported a net loss in the third quarter. Reporting by Amruta Khandekar; Editing by Shounak DasguptaOur Standards: The Thomson Reuters Trust Principles.

Microsoft Corp (MSFT.O) posted its lowest sales growth in five years and forecast second-quarter revenue below Wall Street estimates, while Alphabet (GOOGL.O) reported downbeat ad sales and warned of a slowdown in advertising spending. Shares of ad revenue dependent social media firms Meta Platforms (META.O) fell 4.4%, while Pinterest (PINS.N) dropped 3.9%. ET, Dow e-minis were down 70 points, or 0.22%, S&P 500 e-minis were down 31.75 points, or 0.82%, and Nasdaq 100 e-minis were down 213.5 points, or 1.82%. Kraft Heinz Co (KHC.O) gained 2.5% after the packaged food maker beat third-quarter sales estimates, helped by higher product prices. Reporting by Amruta Khandekar and Shreyashi Sanyal in Bengaluru; Editing by Saumyadeb Chakrabarty and Arun KoyyurOur Standards: The Thomson Reuters Trust Principles.

☆ Nasdaq futures drop over 1% as weak tech earnings fan slowdown fears
▼ + stars: | 2022-10-26 | by ( Amruta Khandekar | ) www.reuters.com time to read: +3 min

Shares of Meta Platforms (META.O) fell 3.9% and Pinterest (PINS.N) 4.1% as they rely on ad revenue. U.S.-listed shares of Spotify Technology dropped 5.7%, as margins came under pressure from a slowdown in ad growth. ET, Dow e-minis were down 37 points, or 0.12%, S&P 500 e-minis were down 27 points, or 0.7%, and Nasdaq 100 e-minis were down 186 points, or 1.59%. A bright spot was Visa Inc (V.N), whose shares rose 1.3% after the payments processor topped quarterly profit estimates on strong travel demand. Reporting by Amruta Khandekar and Shreyashi Sanyal in Bengaluru; Editing by Saumyadeb Chakrabarty and Arun KoyyurOur Standards: The Thomson Reuters Trust Principles.

Earnings reports from companies including Microsoft (MSFT.O) and Google-owner Alphabet (GOOGL.O) will offer further clues on the strength of corporate America amid higher Treasury yields and an aggressive Federal Reserve tightening cycle. Shares of the two companies, which report after market close, were up about 0.2% each in premarket trading. Register now for FREE unlimited access to Reuters.com Register"There is a positive view (on technology earnings)," said Giuseppe Sette, president of AI investment platform Toggle. Leading premarket gains among Dow components, Coca-Cola Co (KO.N) rose 2.4% after the company raised its annual revenue and profit forecasts, banking on steady demand amid price increases. 3M (MMM.N), on the other hand, fell 2.8% as it cut its full-year revenue and profit forecasts due to a stronger dollar.

☆ Wall Street set to open higher as bond yields retreat
▼ + stars: | 2022-10-24 | by ( Amruta Khandekar | ) www.reuters.com time to read: +3 min

The 10-year yield was last seen at 4.17% after hitting a 15-year high at 4.34% on Friday. The earnings reports from the four biggest U.S. companies by market capitalization could test a nascent rally on Wall Street as stocks claw their way back from the latest lows. Of the 99 companies in the S&P 500 that reported third-quarter earnings through Friday, 74.7% had beat analysts' expectations, according to Refinitiv IBES estimates. Despite the recent rebound, the index is down 21% so far in 2022, on track for its biggest decline since 2008. ET, Dow e-minis were up 144 points, or 0.46%, S&P 500 e-minis were up 14.75 points, or 0.39%, and Nasdaq 100 e-minis were up 13.25 points, or 0.12%.

☆ Futures slide as China worries sour global mood
▼ + stars: | 2022-10-24 | by ( ) www.reuters.com time to read: +2 min

All the three major indexes notched their biggest weekly percentage gains in four months last week, supported by better-than-feared third-quarter earnings so far. Of the 99 companies in the S&P 500 that have reported quarterly earnings as of Friday, 74.7% beat analysts' expectations, according to Refinitiv estimates. Focus now shifts to reports this week from big tech and growth companies. ET, Dow e-minis were down 197 points, or 0.63%, S&P 500 e-minis were down 26.5 points, or 0.7%, and Nasdaq 100 e-minis were down 95 points, or 0.84%. Register now for FREE unlimited access to Reuters.com RegisterReporting by Bansari Mayur Kamdar in Bengaluru; Editing by Sriraj KalluvilaOur Standards: The Thomson Reuters Trust Principles.

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 17, 2022. Other companies that rely heavily on ad revenue including Alphabet Inc (GOOGL.O), Twitter Inc (TWTR.N), Meta Platforms Inc (META.O) and Pinterest Inc (PINS.N) fell between 1.8% and 7.4%. The slide in mega-cap growth stocks also comes against the backdrop of the benchmark 10-year U.S. Treasury yield hitting 15-year highs on expectations of continued aggressive rate hikes by the U.S. Federal Reserve. ET, Dow e-minis were down 100 points, or 0.33%, S&P 500 e-minis were down 17 points, or 0.46%, and Nasdaq 100 e-minis were down 91.75 points, or 0.83%. American Express (AXP.N) said its third-quarter profit had modestly improved, however shares of the company were down 3%.

☆ S&P 500 to open lower as UK's Truss resigns as PM
▼ + stars: | 2022-10-20 | by ( Shreyashi Sanyal | ) www.reuters.com time to read: +3 min

The New York Stock Exchange building is seen from Broad Street in Lower Manhattan in New York, January 20, 2016. Truss's economic program had sent shockwaves through global financial markets and divided her Conservative Party just six weeks after she was appointed. Fellow blue-chip stock Verizon Communications Inc (VZ.N) shares added 0.9% after peer wireless carrier AT&T added 3.7% upon raising its annual profit forecast. However, the estimate is still sharply lower than an 11.1% increase that was forecast at the start of July. ET, Dow e-minis were up 19 points, or 0.06%, S&P 500 e-minis were down 5.75 points, or 0.16%, and Nasdaq 100 e-minis were down 39.25 points, or 0.35%.

☆ SNAPSHOT S&P 500 futures give up gains after UK's Truss says she is resigning as PM
▼ + stars: | 2022-10-20 | by ( ) www.reuters.com time to read: 1 min

The New York Stock Exchange building is seen from Broad Street in Lower Manhattan in New York, January 20, 2016. REUTERS/Mike SegarOct 20 (Reuters) - Futures tracking the S&P 500 index moved sharply lower on Thursday after Liz Truss said she was resigning as prime minister of the United Kingdom. Her economic programme had sent shockwaves through the global financial markets and divided her Conservative Party just six weeks after she was appointed. ET, Dow e-minis were up 60 points, or 0.2%, S&P 500 e-minis were down 1 points, or 0.03%, and Nasdaq 100 e-minis were down 25.5 points, or 0.23%. Register now for FREE unlimited access to Reuters.com RegisterReporting by Shreyashi Sanyal in Bengaluru; Editing by Arun KoyyurOur Standards: The Thomson Reuters Trust Principles.

☆ Nasdaq futures fall as Tesla warns on 2022 deliveries
▼ + stars: | 2022-10-20 | by ( ) www.reuters.com time to read: +2 min

SummarySummary Companies Futures down: Dow 0.13%, S&P 0.49%, Nasdaq 0.82%Oct 20 (Reuters) - U.S. stock index futures slipped on Thursday, with those of the Nasdaq taking the biggest hit, after Tesla failed to meet estimates for quarterly revenue and warned of missing its vehicle delivery target. Shares of the electric-vehicle maker (TSLA.O) dropped 6.1% in premarket trading as the company flagged persistent logistics challenges, with fourth-quarter deliveries growing by less than the aimed 50%. ET, Dow e-minis were down 39 points, or 0.13%, S&P 500 e-minis were down 18.25 points, or 0.49%, and Nasdaq 100 e-minis were down 91.75 points, or 0.82%. IBM Corp (IBM.N) said it was expecting to exceed full-year revenue growth target on strong demand for its digital services. Register now for FREE unlimited access to Reuters.com RegisterReporting by Ankika Biswas; Editing by Anil D'SilvaOur Standards: The Thomson Reuters Trust Principles.

"That probably won't be coming until we start to see some weakness in the labor market, which is helping fuel inflation pressures." Apple Inc (AAPL.O) fell 1.3% in premarket trading after a report of iPhone 14 Plus production cut within weeks of starting shipments. Other growth stocks including Tesla Inc (TSLA.O), Amazon.com (AMZN.O), Microsoft Corp (MSFT.O) and Alphabet Inc (GOOGL.O) fell between 0.1% and 0.2%. ET, Dow e-minis were down 134 points, or 0.44%, S&P 500 e-minis were down 21 points, or 0.56%, and Nasdaq 100 e-minis were down 57.25 points, or 0.51%. United Airlines Holdings Inc (UAL.O) jumped 5.8% as the U.S. carrier posted its strongest quarterly earnings in three years.

With this, Goldman Sachs wraps up earnings reports from big U.S. banks this quarter on a largely positive note. "A better-than-feared earnings season may well be the catalyst the market needs to see a break in the steady grind lower." Netflix (NFLX.O) added 2.4% ahead of reporting its earnings after markets close. The reversal of parts of a controversial UK fiscal plan that had roiled bond markets also aided sentiment. Toymaker Hasbro Inc (HAS.O) fell 1.3% upon posting a 28% fall in quarterly profit, highlighting that inflation-hit consumers were further discouraged by price hikes.

Johnson & Johnson (JNJ.N) rose 1.5% in premarket trading after the healthcare conglomerate beat Wall Street expectations for third-quarter sales, helped by strong demand for its cancer drug Darzalex and Crohn's disease drug Stelara. read moreGoldman Sachs Group Inc (GS.N) gained 0.9%, while Netflix (NFLX.O) added 1.6% ahead of earnings later in the day. read moreThe reversal of parts of a controversial UK fiscal plan that had roiled bond markets also aided sentiment. read more"Initial Q3 company reports have been positive, and you've had some stabilization in the United Kingdom with its government. ET, Dow e-minis were up 340 points, or 1.12%, S&P 500 e-minis were up 50.25 points, or 1.36%, and Nasdaq 100 e-minis were up 179.75 points, or 1.62%.

☆ Wall Street set to open higher as BofA rises on earnings beat
▼ + stars: | 2022-10-17 | by ( Ankika Biswas | ) www.reuters.com time to read: +3 min

Bank of America Corp (BAC.N) rose 2.8% in premarket trading as the lender benefited from higher net interest income in its third quarter, even though it added $378 million to its loan-loss reserves. Register now for FREE unlimited access to Reuters.com Register"This is a direct result of higher interest rates offered by the banks looking very attractive compared to other risk assets. Bank of NY Mellon Corp (BK.N) also benefited from higher rates, sending its shares up 4.7%. Overall, higher rates boosted interest incomes for lenders in the third quarter but turbulent markets choked off dealmaking and banks set aside more funds to brace for an economic slowdown. Tesla Inc (TSLA.O), Netflix (NFLX.O) and Johnson & Johnson (JNJ.N) are also expected to report results later in the week.

☆ Wall St futures higher with focus on earnings
▼ + stars: | 2022-10-17 | by ( ) www.reuters.com time to read: +2 min

SummarySummary Companies Futures: Dow 0.78%, S&P 0.93%, Nasdaq 1.12%Oct 17 (Reuters) - U.S. stock index futures were higher on Monday, after a roller-coaster week, as investors focused on the third-quarter earnings season to assess the impact of decades-high inflation and rising interest rates on corporate profit. Tesla Inc (TSLA.O), Netflix (NFLX.O) and Johnson & Johnson (JNJ.N) are also expected to report their results later in the week. Analysts now expect profit for S&P 500 companies to have risen just 3.6% from a year ago, much lower than an 11.1% increase expected at the start of July, according to Refinitiv IBES data. ET, Dow e-minis were up 231 points, or 0.78%, S&P 500 e-minis were up 33.5 points, or 0.93%, and Nasdaq 100 e-minis were up 120.75 points, or 1.12%. Investors now await another test for gilts from a new tax proposal due later in the day from Kwarteng's successor Jeremy Hunt.

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