December S&P 500 futures (ESZ23) are down -0.05%, and December Nasdaq 100 E-Mini futures (NQZ23) are up +0.13% this morning as global bond yields climbed amid speculation that the Bank of Japan will soon scrap the world’s last negative interest-rate regime, with the focus now shifting to Friday’s U.S. jobs report.
In Wednesday’s trading session, Wall Street’s major averages ended in the red. Box Inc (BOX) slid more than -10% after the company reported weaker-than-expected Q3 results and lowered its FY24 guidance. Also, energy stocks retreated as the price of WTI crude dropped over -4% to a 5-month low. On the bullish side, Campbell Soup Company (CPB) gained over +7% and was the top percentage gainer on the benchmark S&P 500 after the canned soups maker reported better-than-expected Q1 adjusted EPS and backed its full-year guidance. In addition, SentinelOne Inc (S) climbed more than +16% after the cybersecurity firm posted upbeat Q3 results and raised its full-year revenue forecast.
