Stocks Set to Open Higher as Investors Await More Corporate Earnings and Fed Speak
From NASDAQ.: 2024-05-06 07:27:21
Wall Street sees gains in futures this morning with S&P 500 and Nasdaq 100 up, following higher close on Friday. Amgen and Apple spike after strong earnings. Expedia Group falters. U.S. jobs report shows weaker-than-expected growth and rising unemployment rate. Fed officials discuss potential rate hikes. Earnings season continues with Disney, Uber, and more reporting this week. Euro Stoxx 50 futures rise as Eurozone business activity expands. China’s Shanghai Composite Index surges on supportive policies and consumption recovery. Xi Jinping visits France for talks. Sentix Investor Confidence Index and other economic data released. Kexing Biopharm receives good manufacturing practice certificate. Japan markets closed for holiday. Pre-Market stock movers include Perficient up +52% on acquisition news.
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