Wall Street leaned toward losses early today as markets absorbed the latest quarterly performances of some big companies, the Associated Press reports. Futures for the S&P 500 and Dow Jones Industrial Average each fell 0.1% before the opening bell.
Delta Air Lines skidded to a 7% loss with its third-quarter earnings down 26%. The airline struggled to overcome a global technology outage in July that led to thousands of flight cancellations. Delta said it does expect to return to year-over-year earnings growth in the current quarter and is seeking compensation for the outage that cost it $500 million.
Domino’s Pizza swung to a 1.4% gain after it easily beat Wall Street’s profit targets on strong same-store sales in the U.S.
Benchmark U.S. crude gained 84 cents to $74.08 per barrel. Brent crude, the international standard, recovered 83 cents to $77.41 per barrel. It briefly topped $81 early this week.
In currency trading, the U.S. dollar declined to 148.96 Japanese yen from 149.16 yen.
