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HomeTrading RoomAfter the Nasdaq Composite Reaches an All-Time High, Stock Futures Barely Changed

After the Nasdaq Composite Reaches an All-Time High, Stock Futures Barely Changed

Futures on stocks are virtually flat. Following an all-time high close on Tuesday for the tech-heavy Nasdaq Composite.

About 0.1% was lost by futures linked to the Nasdaq-100. Together with S&P 500 futures, Dow Jones Industrial Average futures saw a slight decrease in gain.

The home improvement store revealed higher-than-expected first-quarter earnings and revenue, which caused Lowe’s shares to rise 2% in the premarket.

Around 7% less was made by Palo Alto Networks. In the third quarter of its fiscal year, the cybersecurity company exceeded both line and overall predictions; nonetheless, its current-quarter outlook was barely in line with the consensus forecasts of LSEG-surveyed analysts.

Source (CNBC)

SourceCNBC
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