December S&P 500 futures (ESZ23) are up +0.29%, and December Nasdaq 100 E-Mini futures (NQZ23) are up +0.12% this morning as market participants once again looked ahead to remarks from U.S. Federal Reserve Chief Jerome Powell for more clues on interest rates.
In Wednesday’s trading session, Wall Street’s major averages ended mixed. Warner Bros Discovery Inc (WBD) tumbled over -19% and was the top percentage loser on the benchmark S&P 500 after the company reported mixed Q3 results and said that Hollywood strikes and a weak advertising market could hurt next year’s earnings. Also, Lucid Group Inc (LCID) slid more than -8% after the company posted mixed Q3 results and trimmed its full-year vehicle production outlook. In addition, eBay Inc (EBAY) fell about -2% after issuing disappointing guidance for the busy holiday quarter. On the bullish side, Take-Two Interactive Software Inc (TTWO) climbed more than +5% following the company’s announcement that it will unveil a trailer for a new version of the Grand Theft Auto game early next month. Also, DaVita HealthCare Partners Inc (DVA) gained over +5% after the dialysis services provider reported upbeat Q3 results and raised its full-year free cash flow guidance.
