Early trading was mixed on Wall Street this morning, the Associated Press reports, ahead of a meeting next week where the Federal Reserve will decide what to do with the benchmark interest rate. Futures for the S&P 500 gained 0.1% before the bell, but Dow Jones futures slipped 0.2%.
In equities trading early today, GameStop tumbled 8.8% after it missed Wall Street’s third-quarter sales expectations.
Chewy, the pet food delivery company, also fell sharply after missing third-quarter sales and profit forecasts and lowering its guidance for the fourth quarter. Shares were down 10.9% before the bell.
U.S. crude rose 43 cents at $69.81 per barrel. It closed under $70 on Wednesday for the first time since early July. Brent crude, the international standard, rose 54 cents to $74.84 per barrel.
The dollar fell to 145.09 Japanese yen from 147.34 yen.
In the bond market, the 10-year yield rose to 4.16% early today from 4.12% late Wednesday. In October it was above 5%, at its highest level since 2007.
