Previous close | 2.7000 |
Open | 2.7000 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 1.00 |
Expiry date | 2024-06-21 |
Day's range | 2.7000 - 2.7000 |
Contract range | N/A |
Volume | |
Open interest | 8 |
It's a busy day on Wall Street with investors bracing for earnings from numerous top names, including Apple (AAPL), Coinbase (COIN), Block (SQ), DraftKings (DKNG), Peloton (PTON), Novo Nordisk (NVO), and Moderna (MRNA). Apple is in focus, with investors bracing for key sales numbers out of China. Traders are still digesting the Federal Reserve's decision to leave interest rates unchanged at a 23-year high of 5.25%-5.50%. During his press conference yesterday, Chair Jerome Powell hinted that the central bank's next move will unlikely be a rate hike. Yahoo Finance trending tickers include Carvana (CVNA), NIO (NIO), and Qualcomm (QCOM). Key guests include:9 a.m. ET - Gabriela Santos, J.P. Morgan Asset Management Chief Global Strategist for the Americas9:15 a.m. ET - Lars Fruergaard Jørgensen, Novo Nordisk CEO10 a.m. ET - Deepak Puri, Deutsche Bank CIO Americas10:15 a.m. ET - Akash Palkhiwala, Qualcomm CFO10:30 a.m. ET - John Rogers, Ariel Investments Co-CEO10:40 a.m. ET - Stéphane Bancel, Moderna CEO10:50 a.m. ET - Stephen Yalof, Tanger CEO11:15 a.m. ET - Michael Skipworth, Wingstop CEO
U.S. stocks were poised for a higher open on Thursday, a day after the Federal Reserve left interest rates unchanged and allayed worries around potential rate hikes, with focus moving to a spate of earnings reports through the day. While Fed Chair Jerome Powell indicated that stubbornly high inflation would see a long-expected U.S. rate cut pushed back, he refused to entertain talk that rates might actually need to go up again. On Wednesday, U.S. stocks initially rose, but the S&P 500 and the Nasdaq closed lower for the day after the Fed decision.
Peloton is cutting about 400 jobs worldwide as part of a restructuring effort and its CEO Barry McCarthy is stepping down after two years as the company continues to work on turning around its business. Peloton has been working on a significant rebranding since last year, shifting its identity as a seller of luxury exercise bikes and equipment to heath technology for all.