Wall Street was slow to get moving early today, the Associated Press reports, as markets absorbed more corporate earnings reports. Futures for the S&P 500 and the Dow Jones Industrial Average were little changed before the bell.
Tesla tumbled more than 8% in off-hours trading after the electric car maker warned of “notably lower” sales growth this year.
Shares of health insurer Humana skidded more than 13% in premarket after it badly missed Wall Street profit targets, posting an 11 cents-per-share loss in the fourth quarter. More troubling than the loss, Humana said that it expects adjusted per-share earnings of $16 this year, just over half of the $29.14 that Wall Street has been projecting, according to a survey of industry analysts by FactSet.
In energy trading, benchmark U.S. crude added 85 cents to $75.94 per barrel. Brent crude, the international standard, rose 80 cents to $80.43 per barrel.
In currency trading, the U.S. dollar edged up to 147.67 Japanese yen from 147.51 yen.
