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. Read More Details
Finally We wish PressBee provided you with enough information of ( Earnings after the close include Super Microcomputers, AMD, Rivian )
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