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Stock impact report

US STOCKS-Futures bounce on trade hopes, Micron results [Reuters]

Comcast Corporation - Class A (CMCSA) 
Last comcast corporation - class a earnings: 4/30 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: cmcsa.com/investors
Company Research Source: Reuters
Futures bounce on trade hopes, Micron results - Reuters 3 Min Read (Reuters) - U.S. stock index futures rose on Wednesday after Treasury Secretary Steven Mnuchin said the United States and China were close to reaching a trade deal, with strong results from chipmaker Micron adding to the upbeat mood. “We were about 90% of the way there (with a deal) and I think there’s a path to complete this,” Mnuchin said in an interview to CNBC. Trade-sensitive industrial companies, including Boeing Co and Caterpillar Inc, gained about 1% in premarket trading. The three main Wall Street indexes fell nearly 1% on Tuesday after the Federal Reserve chairman pushed back on pressure from President Donald Trump to cut interest rates. However, traders still fully expect a rate cut from the Fed in July and see a 25% possibility of a half-point move. The S&P 500 index has rallied 6% so far in June, hitting a record high last week, on hopes that the Fed would cut rates to counter the impact of the trade war. Show less Read more
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