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US stock futures mixed on busy earnings day as chip stocks point lower
US stock futures were mixed on a busy earnings day as chip stocks pointed lower.
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US stock futures were mixed on Tuesday, a busy day for corporate earnings reports, after the Nasdaq Composite and S&P 500 began the week with gains. Nasdaq 100 futures pointed down 0.3%, while Dow Jones Industrial Average futures were up. Futures for the Dow fell 0.1%, the S&P 500 gained 0.5%, and Nasdaq 100 contracts edged up more than 1% after all three major averages ended the week lower on Friday.
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US stock futures mixed on busy earnings day as chip stocks point lower
US stock futures were mixed on Tuesday, a significant day for corporate earnings reports, after the Nasdaq Composite and S&P 500 began the week with gains. Nasdaq 100 futures pointed down 0.3%, while Dow Jones Industrial Average futures were up 0.1%. Chip stocks indicated a lower open, adding pressure to the tech-heavy index. Oil prices rose amid ongoing Middle East tensions. Yahoo Finance reported S&P 500 futures gained 0.5% while Nasdaq 100 contracts edged up more than 1% in earlier trading. Investors are watching quarterly results from major companies for direction.
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