Dow Jones, S&P futures hit record with tech earnings in focus

U.S. shares hit document highs Tuesday as investors digested facebook’s quarterly results and regarded ahead to more tech earnings after the market’s shut. 

The Dow Jones Industrial Moderate edged up 14 points, or 0.04%, whereas the S&P 500 index rose 0.18%. The positive aspects propelled both indexes to all-time highs. The Nasdaq Composite index, within the meantime, added 0.06% to shut 0.9% below its possess peak.   

Ticker Security Final Commerce Commerce %
I:DJI DOW JONES AVERAGES 36333.14 +208.91 +0.58%
SP500 S&P 500 4699.19 +19.13 +0.41%
I:COMP NASDAQ COMPOSITE INDEX 15971.192669 +30.89 +0.19%

facebook Inc. reported mixed quarterly results and guided contemporary-quarter revenue below estimates, nevertheless shares rallied as investors score the whistleblower document dump within the rearview replicate. The social media company acknowledged this could occasionally seemingly presumably well even originate reporting results for facebook Truth Labs, the unit working on the “metaverse” as a separate segment origin with its subsequent document.

Ticker Security Final Commerce Commerce %
FB META PLATFORMS, INC. 341.95 +6.10 +1.82%

3M co. slashed its corpulent-yr earnings outlook amid considerations over higher input prices and supply chain disruptions. Each earnings and sales exceeded forecasts. 

Ticker Security Final Commerce Commerce %
MMM 3M CO. 181.94 +1.33 +0.74%

UPS Inc. hit a three-month high after its quarterly results beat on earnings and revenue as online taking a watch persevered to gasoline score a query to for kit deliveries.

Ticker Security Final Commerce Commerce %
UPS UNITED PARCEL SERVICE, INC. 208.68 -1.92 -0.91%

Fashioned Electrical Co. revenue and industrial free cash waft topped forecasts as revenue got here up quick. The conglomerate issued upbeat corpulent-yr earnings steering.

Ticker Security Final Commerce Commerce %
GE GENERAL ELECTRIC CO. 108.90 +3.65 +3.47%

Hasbro Inc. acknowledged supply chain bottlenecks rate the company $100 million in sales last quarter and warned a few additional affect at some level of the holiday season. Sales steering for the upcoming fiscal yr modified into as soon as earlier than expectations at the midpoint. 

Ticker Security Final Commerce Commerce %
HAS HASBRO, INC. 95.42 +0.59 +0.63%

Moderna Inc.’s COVID-19 vaccine produced the desired immune responses in kids ages 6 to 11 in a scientific trial, the company acknowledged. The corporate plans to submit the outcomes to regulators within the U.S., Europe and in reasonably about a locations so that you’ll want to perhaps save authorization. 

Ticker Security Final Commerce Commerce %
MRNA MODERNA, INC. 228.90 -55.12 -19.41%

Tesla Inc. shares had been in focus a day after the company topped a $1 trillion market capitalization for the first time.

Ticker Security Final Commerce Commerce %
TSLA TESLA, INC. 1,229.61 -0.30 -0.02%

Developed Micro Devices Inc., Alphabet Inc., Microsoft Corp., Texas Instruments Inc., Twitter Inc. and Visa Inc. are among the companies reporting after the closing bell. 

Ticker Security Final Commerce Commerce %
AMD ADVANCED MICRO DEVICES, INC. 136.19 -1.31 -0.96%
GOOG ALPHABET, INC. 2,988.27 +14.61 +0.49%
MSFT MICROSOFT CORP. 335.69 -0.75 -0.22%
TWTR TWITTER, INC. 53.16 -0.53 -0.98%
V VISA, INC. 216.21 +7.41 +3.55%

In commodities, West Texas Intermediate improper oil added 89 cents to $84.65 a barrel whereas gold slid $13.30 to $1,792.70 an ounce. 

In a single more nation buying and selling modified into as soon as uneven. 


European bourses rallied at some level of the board with Britain’s FTSE 100 advancing 0.76%, France’s CAC 40 mountain climbing 0.8% and Germany’s DAX 30 rising 1.01%.

In Asia, Japan’s Nikkei 225 jumped 1.77% whereas China’s Shanghai Composite index and Hong Kong’s Hold Seng index declined 0.34% and nil.36%, respectively.  

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