How Are Dow, S&P 500, Nasdaq Futures Trading After META, TSLA Earnings? - TradingView
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Key points:Meta’s board approved a new class of non-voting Class C common stock that is to be distributed via a one-time stock dividend, functioning as a 2-for-1 stock split. Tesla cut its full-year capital expenditure guidance to about $20 billion from more than $25 billion and revised the timeline for scaling the Optimus robot. Meanwhile, tensions between the U. S. and Iran remained high, keeping oil prices elevated. U. S. stock futures declined in the overnight session late on Wednesday following results from Meta Platforms Inc. (META) and Tesla Inc. (TSLA) as earnings season kicks into full throttle this week. As of 10:39 p.m. EDT, Nasdaq-100 futures were down 1%, S&P 500 futures fell 0.49% and Dow futures slipped 0.21%. On Wednesday, the three benchmark indexes closed higher. The Nasdaq Composite led the climb, adding 278 points to end the session 1.05% higher. The Dow Jones Industrial Average and S&P 500 climbed 0.69% and 0.58%, respectively, at close.
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