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Business5 things to know before the stock market opens Wednesday, Oct. 27

5 things to know before the stock market opens Wednesday, Oct. 27


Here are the most vital information, tendencies and evaluation that traders want to begin their buying and selling day:

1. Stock futures flat as traders take care of a flood of earnings

Traders work on the flooring of the New York Stock Exchange (NYSE) in New York City, U.S., October 20, 2021.

Brendan McDermid | Reuters

2. Microsoft, Alphabet report better-than-expected outcomes

Satya Nadella, chief government officer of Microsoft Corp.

David Paul Morris | Bloomberg | Getty Images

Alphabet CEO Sundar Pichai gestures during a session at the World Economic Forum (WEF) annual meeting in Davos, on January 22, 2020.

Fabrice COFFRINI | AFP | Getty Images

Alphabet shares were under modest pressure in premarket trading. The Google parent reported late Tuesday third-quarter earnings and revenue that exceeded estimates. However, YouTube ad revenue and Google’s cloud revenue were below estimates.

3. Robinhood shares sink as crypto trading slows

4. FDA panel recommends Covid shots for younger kids

Safeway pharmacist Ashley McGee fills a syringe with the Pfizer COVID-19 booster vaccination at a vaccination booster shot clinic on October 01, 2021 in San Rafael, California.

Justin Sullivan | Getty Images

Medicine pills are seen with Merck logo displayed on a screen in the background in this illustration photo taken in Poland in October 2021.

Jakub Porzycki | NurPhoto | Getty Images

Merck has signed a licensing agreement with a U.N.-backed public health organization that will enable affordable global access for molnupiravir, the U.S. drugmaker’s promising oral antiviral capsule to deal with Covid. Molnupiravir was invented at Emory University and licensed to Ridgeback Biotherapeutics, which partnered with Merck.

5. Democrats unveil billionaires’ tax to assist pay for Biden agenda

The U.S. Capitol, photographed on Tuesday, Sept. 28, 2021 in Washington, DC.

Kent Nishimura | Los Angeles Times | Getty Images


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