Inside AMD's Earnings Slide

Earnings and coronavirus news are in focus

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Opening View
 
 

1/30/2020

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Dow Futures Signal Lower Open

By Josh Selway

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Dow Jones Industrial Average (DJI) futures are trading below fair value this morning despite a mostly strong round of corporate earnings, with blue chips Microsoft (MSFT) and Coca-Cola (KO) headlining the winners with their pre-market gains. On the bearish side, traders are monitoring a sharp post-earnings pullback in Facebook (FB) shares, while fellow tech giant Amazon.com (AMZN) prepares for its post-close report.

Quarterly updates are only a small piece of the puzzle this morning, however, as the growing death count from the coronavirus is likely contributing to most of this morning's headwinds. There's also economic data to consider, namely an advanced reading of fourth-quarter gross domestic product (GDP) that showed the U.S. economy growing 2.1% in the period, matching expectations.

Continue reading for more on today's market, including: 

>> Continue reading...
LATEST HEADLINES

>> VZ Stock Shifts Lower on Mixed Earnings Reaction
Verizon posted a profit miss
>> Disney Earnings, Jobs Report Headline Another Packed Week
Disney will enter the earnings confessional on Tuesday
>> Dow Adds Marginal Gains as Fed Keeps Interest Rates Steady
AAPL and BA were two big earnings winners today
>> Best Travel Stock for February
Booking stock looks like a great pick for bulls next month
>> Options Bears Bombard CREE Stock Ahead of Earnings
Cree is expected to report earnings after the close tonight
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