Pre-Market Trading Up in Final Session of the Week

EarningsMacro

โดย Zacks Investment Research·Read original

Summary · why it matters

U.S. stock futures are trading higher in the final session of the week, with the Dow up 179 points, the S&P 500 up 12 points, and the Nasdaq up 241 points. The moves follow Wednesday's Fed meeting and press conference with Fed Chair Kevin Warsh, and come as Q2 employment costs rose 0.9%, matching the prior quarter and coming in 10 basis points above expectations. In earnings, AbbVie beat by a penny with earnings of $3.65 per share on revenues of $16.99 billion, but shares fell 4% after full-year guidance was lowered. ExxonMobil missed earnings estimates by 4.35% on lower oil production, while Chevron beat by 4.48%, with both companies surpassing revenue estimates by 21%. Colgate-Palmolive reported earnings of $0.99 per share, above the $0.95 estimate, but shares declined 1.8% as higher tariff costs dampened the outlook.

Colgate-Palmolive Company ▼

Chevron Corp ▲

Exxon Mobil Corp ▼

Impact on stocks 4

Biotech & Genomic Medicine▼ · 1 stocks

▼ NegativeCapitalrelevance

AbbVie beat earnings but lowered full-year guidance, causing shares to fall 4%.

Consumer Staples▼ · 1 stocks

Colgate-Palmolive Company

▼ NegativeTariffrelevance

Colgate-Palmolive beat earnings but shares declined 1.8% due to higher tariff costs dampening outlook.

Energy▲ · 1 stocks

▲ PositiveCapitalrelevance

Chevron beat earnings estimates by 4.48% and surpassed revenue estimates by 21%.

Energy Transition & Power Demand▼ · 1 stocks

Exxon Mobil Corp

▼ NegativeCapitalrelevance

ExxonMobil missed earnings estimates by 4.35% on lower oil production.