Tesla’s China sales hit record high in September
we store There was little change in futures on Tuesday as investors await the start of earnings season.
Dow Jones Industrial Average futures were down 15 points, or 0.04%, while S&P 500 futures and Nasdaq 100 futures were up 0.04% and 0.22%, respectively.
Investors will get their latest glimpse into the health of the labor market, with JOLTS job openings at 10 a.m. ET.
Fear of deadlock over, say Wall Street strategists
Among stocks, Tesla Inc. sold a record 56,006 China-made vehicles in September, according to data from the China Passenger Car Association released on Tuesday. The figures include 3,853 vehicles exported.
Elsewhere, Nike Inc. was upgraded to “buy” and given a price target of $172 due to its “powerful brand legacy” at Goldman Sachs amid a healthy industry background.
CureVac BV was sharply low after the Germany-based biopharmaceutical company said it would discontinue its COVID-19 vaccine.
In the deals, Signet Jewelers Ltd agreed to buy Diamonds Direct for $490 million in cash, saying the deal would be favorable for immediate earnings.
JPMorgan Chase & Company, BlackRock Inc. and Delta Air Lines Inc. Earnings season is set to close after releasing its quarterly results before Wednesday’s opening bell.
In commodities, West Texas Intermediate crude rose 28 cents to $80.80 per barrel and gold by $7.20 to $1,762.90 an ounce.
There was a massive decline in overseas markets.
Get Granthshala Business on the go by clicking here
European markets were under slight selling pressure, with Germany’s DAX down 0.27%, Britain’s FTSE 100 down 0.33% and France’s CAC 40 down 0.42%.
In Asia, Japan’s Nikkei 225 fell 0.94%, while China’s Shanghai Composite Index and Hong Kong’s Hang Seng Index fell 1.25% and 1.43%, respectively.