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US futures are implying a mixed open for the US stock market

The US futures are implying a mixed open for the major indices. A snapshot currently shows:

  • Dow industrial average -5.55 points
  • S&P index up 13.59 points
  • NASDAQ index +91 points

Looking at some of the earnings releases this morning showed:

  • Morgan Stanley (MS) Q4 2024: EPS $2.22 (BEAT; exp. $1.70), Revenue $16.2B (BEAT; exp. $15.03B). Shares are up $1.69
  • Bank of America Corp (BAC) Q4 2024: EPS $0.82 (BEAT; exp. $0.77), Revenue net of interest expense $25.35B (BEAT; exp. $25.16B), Net interest income $14.36B (BEAT; exp. $14.12B). Shares are down -0.37%
  • Target (TGT): Q4 comparable sales +1.5% (BEAT; exp. +0.2%; prior view: flat), Adj. EPS $1.85–$2.45 (MISS; exp. $2.15), FY adj. EPS $8.30–$8.90 (MISS; exp. $8.60). Shares are down -4.26% in premarket trading.
  • UnitedHealth Group Inc (UNH) Q4 2024: Adj. EPS $6.81 (BEAT; exp. Shares are down -1.92%

This article was written by Greg Michalowski at www.forexlive.com.

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