Stock market mixed early this morning

Get Our Email Newsletter
The companies, people and issues shaping business in Madison and the Capital Region.

U.S. markets were mixed in early trading today, with futures for the Dow Jones Industrial Average losing 0.3% before the bell and futures for the S&P 500 edging a little more than 0.1% higher, according to the Associated Press.

Chipmaker Broadcom beat sales and profit targets on the strength of its AI business.

Tesla jumped 6.5% after its CEO Elon Musk said in a post on his social media platform X that early results indicated shareholders would vote overwhelmingly to restore his $44.9 billion pay package.

Arcade and restaurant chain Dave & Buster’s tumbled more than 10% in premarket after it reported flagging sales and missed Wall Street’s profit targets.

In energy trading early this morning, benchmark U.S. crude lost 72 cents to $77.78 per barrel. Brent crude, the international standard, fell 63 cents to $81.97 per barrel.

In currency trading, the U.S. dollar edged up to 157.23 Japanese yen from 156.71 yen.

Digital Partners