Dow, Tesla and Market
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Here are some of the stocks making notable moves in Friday's premarket action: Comfort Systems stock are climbing 18% after the ventilation and electrical services [posted a jump in third-quarter earnings.
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Stock futures were rising Friday as investors waited for monthly U.S. inflation data and weighed up a series of developments on the trade front. Futures tracking the Dow Jones Industrial Average climbed 72 points,
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Indian stocks traded lower on Friday, with the Sensex and Nifty retreating after hovering near record highs in the previous session. The rally that gathered pace on Thursday lost steam midway and reversed as optimism over a potential US-India trade deal faded when the Indian government refrained from confirming reports of an imminent deal.
A selloff in speculative parts of the stock market turned into a broad market slide on Wednesday. The Nasdaq Composite dropped 0.9%. The S&P 500 fell 0.6%. The Dow Jones Industrial Average dropped 334 points, or 0.7%. All three indexes pared some losses from their lows of the day.
After what turned out to be a disappointing session for the bulls, where the Nifty fell short of hitting a record high, the final trading session of this holiday-shortened week beckons with the global cues easing slightly.
Equities fell on Wednesday as the first of the Magnificent Seven stocks — Tesla — prepares to deliver earnings results after the market's close.