Advanced Micro Devices IncAMD reported earnings that failed to meet investors' lofty expectations, causing Nasdaq futures to drop.
Wall Street was set for a mixed open on Thursday, with Nasdaq futures down 0.7% after chipmakers Sandisk and Advanced Micro Devices and data storage company Western Digital reported earnings that failed to meet investors' lofty expectations, while S&P 500 e-minis nudged up 0.1%. European markets rallied, with the pan-European STOXX 600 touching an all-time high, up 0.4%, driven by media and telecoms stocks. Oil prices rose, with Brent crude up 1.1% at $80.34 a barrel, despite a proposed Iran-Oman deal aimed at ending the U.S.-Iran conflict. Markets also awaited U.S. jobless claims data and Friday's non-farm payrolls report.
Advanced Micro Devices IncAMD reported earnings that failed to meet investors' lofty expectations, causing Nasdaq futures to drop.
Sandisk CorpSandisk reported earnings that failed to meet investors' lofty expectations, contributing to the decline.
Western Digital CorporationWestern Digital reported earnings that failed to meet investors' lofty expectations, contributing to the decline.
MetLife Inc