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Stock impact report

Futures inch up on megacap support; earnings, Fed comments on tap [Yahoo! Finance]

The Travelers Companies, Inc. (TRV) 
Last the travelers companies, inc. earnings: 4/21 06:57 am Check Earnings Report
US:NYSE Investor Relations: investor.travelers.com
Company Research Source: Yahoo! Finance
Megacap growth names such as Microsoft, Amazon.com and Tesla advanced between 0.3% and 1.1% in premarket trading. The benchmark S&P 500 and the Nasdaq closed lower in the previous session, bogged down by climbing Treasury yields. Government bond yields eased slightly, with the 10-year note last at 4.6407%. Fed Board Governor Michelle Bowman and Cleveland Fed President Loretta Mester are scheduled to speak later in the day. Top U.S. central bank officials including Fed Chair Jerome Powell refrained from providing any guidance on when interest rates may be cut. On Tuesday, they said monetary policy needed to be restrictive for longer, dashing investors' hopes for meaningful reductions in borrowing costs this year. "While stopping short of mentioning rate hikes, Chairman Powell on Tuesday highlighted that 'the recent data have not given greater confidence in inflation', Achilleas Georgolopoulos, investment analyst at forex broker XM said in a note. "With Vice Chairman Jeffer Show less Read more
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