IBM, United Airlines, Tesla: What to Watch When the Stock Market | Sidnaz Blog

Here’s what we’re watching ahead of Tuesday’s opening bell.

  • Stock futures slipped, a day after faltering tech stocks dragged major indexes lower
  • Futures on the S&P 500 and the Dow Jones Industrial Average fell 0.4% apiece. Tech-heavy Nasdaq-100 futures slipped 0.3%.
  • 10-year Treasury yields are higher at 1.625%, from 1.599% on Monday. The dollar slipped again. Crude-oil prices are rising ahead of stockpile data from the American Petroleum Institute. Read our full market wrap here.
What’s Coming Up
Market Movers to Watch

The Johnson & Johnson campus in Irvine, Calif., Aug. 26, 2019.



Photo:

Mario Tama/Getty Images

Market Facts
  • By the end of Friday, S&P 500 companies that had already reported quarterly earnings had beaten profit expectations by a combined 30%, according to FactSet, compared with a five-year average of 7%.
  • Through Thursday, healthcare stocks have returned about 7% so far this year. That lags behind the S&P 500 by about 5 percentage points.
  • On this day in 1720, declaring that he “can calculate the motions of the heavenly bodies, but not the madness of the people,” Isaac Newton sold his 7,000 pounds’ worth of South Sea Co. stock at a 100% profit. But the excitement around England’s first great IPO proved too much even for him, and he soon got back in. Newton ended up losing 20,000 pounds when the bubble burst, and from that moment on, he could “never bear to hear the South Sea referred to for the rest of his life.”
Chart of the Day

European carbon credits are as close as investors can come to a sure thing. Ironically, the chief thing that might trip them up is too much excitement too soon, writes Heard on the Street columnist Rochelle Toplensky.

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