The major stock indices are under pressure in premarket trading. The features are currently implying:
- Dow industrial average -626 points
- S&P index -92 points
- NASDAQ index -508 points.
A number of big name companies announced after the close yesterday:
- Alphabet announce earnings last night and there shares are down -5.4% in premarket trading.
- Tesla shares are down -8.05%
- ServiceNow is up 5%
- IBM shares are down 1.80%
- Texas Instruments are down 4.82%.
This morning others reported including:
- Nokia -0.78%
- American Airlines -5.0%
- Blackstone Group -0.19%
- Lockheed Martin +5.76%
In the Middle East is there is reports that a Air Force F-16 fighter jet has taken off from a base in the Middle East. CENTCOM says that US forces remain vigilant.
The Iranian foeign minister says that there are intermediaries and there is no problem with exchanging messages with Washington. They add that the problem is the unreasonable approach of Washington and its excessive demands and we face that with a firm stance
This article was written by Greg Michalowski at investinglive.com.