Stock Futures Trade Higher | Investing.com

Stock Futures Trade Higher | Investing.com


Following the frenzy triggered by the surge in cases caused by the Delta variant of coronavirus, stock markets have stabilised and turned positive for the week, depicting the confidence of market participants in the US’ ability to combat rising cases effectively and stage a sustainable economic recovery.

The and the jumped 0.82% and 0.92% in yesterday’s session, respectively. The rose 0.83%. Companies within the energy sector outperformed in yesterday’s session, rising 3.5% following the rebound in oil prices.

Investors should be relieved that the bulls continue to dominate the three major stock markets, despite the fact that trading activity is usually lower at this time of the year. Since October, we have not yet even witnessed a mere 5% dip in stock market performances.

Coca Cola

The stock price of Coca-Cola (NYSE:) has risen by nearly 1.3% subsequent to its release on Wednesday. The company’s earnings touched pre pandemic levels following the curbing of national lockdowns and demand for products rising again. It achieved a revenue of $10.13 billion, exceeding the expected $9.32 billion. Likewise, its actual earnings per share came out to be 68 cents as opposed to the forecasted 56 cents.

Verizon Wireless

The stock price of Verizon (NYSE:) jumped nearly 0.7% following its release. It achieved a revenue of $33.76 billion, exceeding the expected $32.74 billion. Likewise, its actual earnings per share came out to be $1.37 as opposed to the forecasted $1.30.

Asian Stock Markets

Stock market indices in Asian Pacific countries are on the rise today following a strong rebound in crypto and US stock markets. The in Japan jumped 0.58% in morning trade, and the rose 0.33%. As of 12:27 a.m. EST, the index surged 0.98%, and Seoul’s rose 1.15%. Hong Kong’s hopped 1.77%.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





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