Stock market today: Nasdaq futures lead stocks lower in wait for earnings to rush in

Published On Oct 21, 2024, 7:23 AM

The article discusses the current state of the stock market, indicating that Nasdaq futures are leading a decline in stock prices as investors await a wave of upcoming earnings reports. This decline reflects uncertainty in the market, particularly regarding tech companies, which are pivotal to the performance of the Nasdaq index. The anticipation around earnings could influence stock movements significantly in the near future.

Stock Forecasts

The current market decline led by Nasdaq futures suggests a cautious sentiment among investors. The upcoming earnings reports will be crucial in determining market direction—strong performance could lead to a rebound, while weak results may extend the downturn.

Related News

Britain is sick, and getting sicker. Economics editor Faisal Islam unpacks whether the government can get people working again

Since 1984, money market funds have typically seen larger inflows than equities or bonds in the 12 months following the Fed's first interest rate cut.

XLP
QQQ

Wall Street strategists believe there could be further gains ahead for the S&P 500 as the bull market enters its third year.

QQQ
XLY