Schaeffer's Opening View The SPX and NDX are signaling lower starts, too
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| | | 4/26/2019 | |
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| Dow Futures Down as Intel, Exxon Weigh | | By Karee Venema | | It's a busy morning on Wall Street, with traders eyeing another round of blue-chip earnings. Intel (INTC) stock is bracing for a big drop on the chipmaker's weak outlook, and oil major Exxon Mobil (XOM) is also lower after earnings. Elsewhere, traders are digesting the the latest gross domestic product (GDP) reading, which showed the U.S. economy grew at a much faster-than-anticipated 3.2% in the first quarter. At last check, Dow Jones Industrial Average (DJI) futures were below fair value, while the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) were signaling slow starts, too, even as FAANG stock Amazon (AMZN) pops post-earnings. Continue reading for more on today's market, including: | | >> Continue reading... | |
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