20 Apr '23 at 7:27 am #57084
S&P 500 futures are down 28 points and are trading 0.8% below fair value.
Nasdaq 100 futures are down 115 points and are trading 1.0% below fair value.
Dow Jones Industrial Average futures are down 168 points and are trading 0.5% below fair value.
Earnings results had been coming in better than expected recently BUT share of earnings misses, which is weighing on investor sentiment.
Tesla (TSLA) is among the most influential stocks reacting negatively after its earnings report and is dragging on the Nasdaq 100 futures. Dow component American Express (AXP) is also down after its earnings report while IBM (IBM) is showing some strength.