A Peek Into The Markets: US Stock Futures Mixed Ahead Of Producer Price Index

Pre-open movers

Futures for the Dow Jones Industrial Average dropped 31 points to 36,281.00 while the Standard & Poor’s 500 index futures fell 1.25 points to 4,692.75. Futures for the Nasdaq 100 index gained 14.50 points to 16,342.25.

The U.S. has the highest number of COVID-19 cases and deaths in the world, with total infections in the country exceeding 47,453,950 with around 776,310 deaths. India reported a total of at least 34,374,450 confirmed cases, while Brazil confirmed over 21,886,070 cases.

Oil prices traded higher as Brent crude futures rose 0.7% to trade at $84.03 per barrel, while US WTI crude futures rose 0.8% to trade at $82.58 a barrel. The API’s data on crude oil stocks will be released later during the day.

 

A Peek Into Global Markets

 

 

Breaking News

Roblox Corporation (NYSE:RBLX) reported strong earnings report for the third quarter. The company reported quarterly revenue of $509.3 million, up 102% year-over-year. Bookings in the third quarter were $637.8 million, up 28% year-over-year.

PayPal Holdings, Inc. (NASDAQ:PYPL) posted upbeat earnings for its third quarter, while sales missed views. The company also issued weak guidance for FY21.

Zynga Inc. (NASDAQ:ZNGA) reported better-than-expected sales results for its third quarter. Also, the company said it appointed Matt Wolf as its Vice President of Blockchain Gaming.

Tencent Music Entertainment Group (NYSE:TME) posted upbeat earnings for its third quarter.

Check out other breaking news here

Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.