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The US stock market begins today's trading in mixed moods
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Expectations for PMI data and new home sales
Today's trading session on US trading floors begins in mixed moods. Investors' attention is focused on the release of PMI indices and new home sales data.
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Create account Try a demo Download mobile app Download mobile appThe market is currently pricing close to 61% for a 75 basis point rate hike at the Fed's September meeting. Source: Bloomberg
US index quotes. Source: xStation 5
Compiled charts of the US100 index and VIX on the D1 interval. The benchmark of technology companies starts today's session relatively flat. The VIX fear index is losing nearly 0.4% today. Source: xStation 5
News:
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Zoom Video Communications (ZM.US) shares are losing more than 11.5% today as the company cut its full-year earnings forecast. The company generated better-than-forecast earnings, but revenue failed to beat consensus expectations. The company sees difficulties in attracting new subscribers.
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Source: Bloomberg
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Palo Alto Networks (PANW.US) shares are up 9% after releasing better quarterly results and raising annual forecasts. The board of directors approved a 3-for-1 stock split.
Source: Bloomberg
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Macy's (M.US) cuts full-year earnings forecasts despite publishing better-than-expected results for the quarter. The company is concerned that consumers will cut back on spending.
News from U.S. companies. Source: Bloomberg
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