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2022-10-19

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Nasdaq Futures Rise As Better-Than-Expected Netflix Results Keep Tech Gains Going

U.S. stock futures inched up ahead of earnings reports from major companies and data on the housing

Nasdaq Futures Rise As Better-Than-Expected Netflix Results Keep Tech Gains Going

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That’s giving a short-term momentum,” said Niall O’Sullivan, chief investment officer of multiasset strategies at Neuberger Berman. “But actions you would expect to see in the early stages of a recession are being taken” such as hiring freezes, “which maybe speak to a more challenging environment coming.&#34;</li><li>Earnings reports today include <b>Procter &amp; Gamble</b> ahead of the market open and <b>Tesla</b> and <b>IBM</b> after the close.</li><li>Oil prices edged up with global crude benchmark <i><b>Brent gaining 0.94%</b></i> to trade at $90.88 a barrel. 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