Reported about 7 hours ago
US stock futures remained stable near record highs as the economy shows signs of strength, despite mixed earnings reports, particularly from Netflix, which saw a modest decline in its stock value. Analysts noted that while Netflix beat expectations on profits and revenue, the lack of aggressive full-year guidance impacted investor sentiment. Other major companies like 3M and Chevron saw positive movements following strong earnings and favorable legal outcomes. The market remains focused on upcoming earnings reports amidst ongoing discussions about the future of the Federal Reserve.
Source: YAHOO