December S&P 500 E-Mini futures (ESZ24) are down -0.36%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.55% this morning as Treasury yields climbed at the start of a busy week, with investors looking ahead to a fresh batch of U.S. economic data, comments from Federal Reserve officials, and corporate earnings reports.
In Friday’s trading session, Wall Street’s major averages ended higher, with the blue-chip Dow notching a new all-time high. Netflix (NFLX) surged over +11% and was the top percentage gainer on the S&P 500 and Nasdaq 100 after the streaming giant posted upbeat Q3 results. Also, Intuitive Surgical (ISRG) climbed more than +10% after the company reported stronger-than-expected Q3 results. In addition, Lamb Weston Holdings (LW) gained over +10% after activist investor Jana Partners disclosed a 5% stake in the company and said it plans to push the french-fry maker to explore a sale. On the bearish side, American Express (AXP) fell more than -3% and was the top percentage loser on the Dow after reporting weaker-than-expected Q3 revenue and lowering its full-year revenue growth guidance.
