The major US indices remain in negative territory for the second consecutive day. The S&P snapped its nine day win streak yesterday.
A snapshot of the market currently shows:
Both the S&P and the NASDAQ indices have been able to stay above their 50-hour moving average. The current rising 50 hour moving average for the S&P is at 5592.28 and for the NASDAQ index, 17607.38. Staying above those levels keeps the buyers and firm control.
Earnings after the close include supermicro computer. Recall from last week they lowered their estimates for EPS and revenue. AMD and Ruby and will also report after the close.
Tomorrow morning, Uber, Walt Disney, Unity Software will be announcing before the open:
For the rest of the week:
Wednesday (May 8)
After the Close:
Applovin
Carvana
Arm Holdings
Cleveland-Cliffs
DoorDash
Dutch Bros
Thursday (May 9)
Before the Open:
Peloton
Shopify
ConocoPhillips
Warner Bros. Discovery
Crocs
After the Close:
The Trade Desk
Coinbase
This article was written by Greg Michalowski at www.forexlive.com.Hence then, the article about earnings after the close include super microcomputers amd rivian was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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