U.S. Stock Futures Mixed Ahead of Tesla Q3 Results
U.S. stock futures traded mixed early Wednesday as investors awaited quarterly results from Tesla. The Nasdaq 100 and Dow Jones Industrial Average futures dipped slightly, while the S&P 500 edged up. Tuesday's session saw the Dow breach 47,000 for the first time, buoyed by Coca-Cola's strong earnings, though tech shares faced profit-taking pressure.
Netflix shares tumbled 6.5% after hours following a disappointing Q3 report. With no economic data due amid the federal shutdown, market participants are focusing on Friday's CPI release for clues on inflation and Fed policy.
The earnings spotlight now turns to Tesla, which kicks off the next phase of reporting season. cryptocurrency markets remain watchful for any ripple effects from traditional market movements, though no direct crypto mentions emerged in today's equity-focused narrative.