Futures point to another massive sell-off on Wall Street, as bond yields extend their rise and energy prices soar. Here’s what we’re watching ahead of Wednesday’s opening.
jumped 6.4% before the opening bell. The data software company said it was selected for a U.S. military intelligence program contract.
shares were down 1.2% pre-market after the company made headlines for a day amid testimony from a whistleblower on Capitol Hill and a widespread outage of its services.
slipped 1.2% before commercialization, Apple AAPL 1,42%
lost 1.2%, Google Alphabet GOOG 1,80%
fell 1.3%, Netflix NFLX 5,21 %
dropped 0.7% and Nvidia NVDA 3,64%
lost 3.5% before marketing and Delta Air Lines DAL -0,49%
lost 1.7%, weighed down by concerns over fuel costs and slowing economic growth.
was down 0.5%. The alcoholic beverage company saw an increase in sales in the fiscal second quarter as growth in beer brands led to higher revenues, although the company’s adjusted profit was lower than expected.
added 1.7% after the industrial technology company said its profit for the fiscal fourth quarter increased, with sales benefiting from improved service levels and an improving economy.
et Novavax NVAX -4,64%
seems poised to get stuck in the doldrums that began after Merck’s successful test of his Covid-19 treatment. Novavax fell 4.7% pre-market and Moderna fell 3.4%. Pfizer PFE -0,24%
is also down, by 0.9%.
S shares rose 1.2% in the extended session after reporting record redemptions in the second quarter.
will provide an update on the results after the close.
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