Wall Street was pointed toward small gains before the bell today as markets recalibrated following recent big swings, according to the Associated Press. Futures for the S&P 500 and the Dow Jones Industrial Average each edged 0.1% higher before markets opened.
A dearth of fresh economic data and few high-profile earnings reports have left the markets mostly quiet this week.
Cereal maker WK Kellogg and The Walt Disney Co. each climbed more than 4% in off-hours trading after reporting bigger profits than expected for the most recent quarter. Golf equipment maker Topgolf Callaway skidded 21.7% after it missed sales targets and lowered its forecast. Tapestry rose nearly 2% after the maker of high-end shoes and handbags beat Wall Street’s profit forecasts.
The 10-year Treasury yield was at 4.54% early this morning.
U.S. benchmark crude added 61 cents to $75.93 per barrel today in electronic trading on the New York Mercantile Exchange. Brent crude, the international standard, picked up 64 cents to $80.18 per barrel.
In currency dealings, the U.S. dollar rose to 151.07 Japanese yen from 150.98 yen.
