On the last day of October, pre-market activity is robust with the Dow up +55 points, S&P 500 +50 points, Nasdaq +350 points, and Russell 2000 down -1 point. Strong earnings from Apple and Amazon are driving the Nasdaq higher. Amazon’s AWS segment grew by +20% year over year.
ExxonMobil beat earnings estimates by +3.87% but missed revenue estimates by -1.7%. Chevron exceeded earnings estimates by +11.45% but fell short on revenues by -7.2%. T. Rowe Price surpassed both earnings and revenue estimates by over +10% and +2.34% respectively. Stocks are reacting accordingly to the news.
Read more at Nasdaq: Pre-market Traders Fill Their Bags on Halloween
