Stock futures rise slightly after Dow, S&P 500 snap four-day win streaks: Live updates
Publishing timestamp: 2023-04-04 22:50:37
Summary
U.S. stock futures rose slightly after major averages slid during the regular session. Johnson & Johnson shares rose nearly 3% in extended trading after the pharmaceutical company said it would pay $8.9 billion over the next 25 years to settle allegations that its baby powder and other talc products caused cancer. Traders are expecting the latest ADP private payrolls report and the ISM Services Index reading. Federal Reserve Bank of Cleveland President Loretta Mester said in a speech that the central bank will need to raise rates further to tame inflation. Japan's services sector continued to expand in March, while New Zealand's central bank raised rates by 50 basis points. C3.ai shares closed down by 26.34% after short seller Kerrisdale Capital alleged "serious accounting and disclosure issues."
Sentiment: NEUTRAL
Tickers: AI, NZD=, .IXIC, .SPX, JNJ, .DJI, DIS, NFLX,
Keywords: business news, s&p 500 index, dow jones industrial average, johnson & johnson, breaking news: markets, nasdaq composite, stock markets, united states, markets,
Source: https://www.cnbc.com/2023/04/04/stock-market-today-live-updates.html