Trading was mixed before today’s opening bell, the Associated Press reports, with the earnings season in full swing. Futures for the S&P 500 rose less than 0.1%, while futures for the Dow Jones Industrial Average dipped close to 0.2%.
There are about 70 S&P 500 companies reporting financial results for the last three months of 2023 this week, including American Airlines, Intel, Procter & Gamble, and Tesla.
Verizon jumped nearly 5% in premarket trading after the telecom giant beat revenue and adjusted profit forecasts.
General Electric slipped 3.5% after it reported better-than-expected fourth-quarter results but gave a tepid forecast for the current quarter.
TKO Group, the sports and entertainment company that houses WWE and UFC, climbed nearly 10% after it announced that Dwayne “The Rock” Johnson would join its board.
In other trading, U.S. benchmark crude oil fell 59 cents to $74.17 per barrel in electronic trading on the New York Mercantile Exchange. Brent crude, the international standard, lost 66 cents to $79.40 per barrel.
The U.S. dollar bought 148.04 yen, down slightly from 148.11 yen late Monday.
