tl;dr
Stock index futures edged higher on Thursday following the Federal Reserve's April Beige Book report, indicating a slight expansion in economic activity. S&P 500 futures (SPX) rose by 0.2%, Nasdaq 100 futures (NDX:IND) by 0.3%, and Dow futures (INDU) by 0.2%. The Beige Book revealed a slight expansi...
Stock index futures edged higher on Thursday following the Federal Reserve's April Beige Book report, indicating a slight expansion in economic activity. S&P 500 futures (SPX) rose by 0.2%, Nasdaq 100 futures (NDX:IND) by 0.3%, and Dow futures (INDU) by 0.2%. The Beige Book revealed a slight expansion in U.S. economic activity from Feb. 26 to April 8, with a cautiously optimistic economic outlook among business contacts. The 10-year Treasury yield (US10Y) decreased by 1 basis point to 4.58%, while the 2-year yield (US2Y) remained unchanged at 4.94%. U.S. stocks ended lower on Wednesday, influenced by weakened tech sentiment and chip stocks following a disappointing earnings report from ASML (ASML). On Thursday, initial jobless claims and Philly Fed business outlook for April are expected, with economists predicting a rise to 215K for jobless claims and a fall to 1.5 for Philly Fed business outlook. Investors are anticipating the March existing home sales report, expected to show a decline to a rate of 4.20M. In terms of earnings, Taiwan Semiconductor beat first quarter estimates, with a second quarter revenue outlook exceeding expectations. Netflix (NFLX) is set to report after the bell.
More about ASML Holding NV ADR
Company: ASML Holding NV ADR
Industry: Technology, Special Industry Machinery, NEC
Market Cap: 385.48 billion
Current Price: $46.17
Price Change: 6.1
Price Change %: 21.16%
Dividend Yield: 1.26%
P/E Ratio: 0.284
Shares Outstanding: 27,558,500,000
EPS: 1041.88
Beta: 0.131
Volatility: 0.125
More about Netflix Inc
Netflix, Inc. is an American over-the-top content platform and production company headquartered in Los Gatos, California. Netflix was founded in 1997 by Reed Hastings and Marc Randolph in Scotts Valley, California. The company's primary business is a subscription-based streaming service offering online streaming from a library of films and television series, including those produced in-house.
Sector: TRADE & SERVICES
Industry: SERVICES-VIDEO TAPE RENTAL
Market Cap: 267.24B
Current Price: $51.33
Dividend Yield: None
P/E Ratio: 12.03
52-Week High: $76.37
52-Week Low: $0.16
Volume: 33.72M
Avg. Volume: 33.72M
EPS: 16.25
Beta: 0.125
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