U.S. stock futures trade mixed on Thursday; Amazon, Intel and Comcast report earnings; Microsoft jumps as third-quarter earnings beat analysts' expectations; Facebook sets aside $3 billion for expected fine from Federal Trade Commission.
Stocks end mixed Wednesday, a day after the S&P 500 and the Nasdaq set new closing records.
Key drivers of this 'just right' phase, and how to play it.
U.S. stock futures are mixed, following record highs on Wall Street, as investors pause ahead of another wave of corporate earnings reports; Snap's first-quarter revenue beat expectations and the social media company reports a narrower-than-expected loss; Texas Instruments cautions that a much-anticipated rebound in global semiconductor demand could be delayed into the early half of next year.
Jim recommended you buy the stock Monday at about $67 a share.
Stocks end higher Tuesday with the S&P 500 and the Nasdaq setting record closings.
U.S. stock futures are down slightly ahead of the next wave of corporate earnings reports; Procter & Gamble, Coca-Cola and Verizon are just some of the big names posting earnings Tuesday; Tesla's Elon Musk says cars produced with Tesla's 'full self-driving' system will comprise a fleet of robotaxis of "over 1 million" by the end of 2020.
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