Stock futures are little changed after S&P 500 snaps 3-day losing streak: Live updates
Published On Oct 24, 2024, 6:01 PM
On October 24, 2024, U.S. stock futures showed little change following the S&P 500's end to a three-day losing streak. The S&P 500 and Nasdaq managed slight gains, propelled by Tesla's strong post-earnings performance, while the Dow lagged. L3Harris shares rose significantly after exceeding earnings expectations, while Dexcom's stock fell despite beating estimates. Investors are now looking towards upcoming earnings reports and economic data releases, signaling cautious optimism but also the risk of a downturn as major indexes track potential losses for the week.
Stock Forecasts
LHX
Positive
L3Harris reported strong earnings, indicating robust demand and performance for defense sector stocks, likely leading to continued investor interest.
DXCM
Negative
Dexcom's decline despite beating earnings expectations suggests that some investors might have been anticipating even stronger results, indicating potential volatility.
TSLA
Positive
Tesla's impressive earnings raise expectations for future growth, which is positive for the stock as it leads the market sentiment.
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