Trading in the U.S. index futures points to a modestly positive start on Wall Street on Tuesday even as traders look ahead to the results of the midterm elections scheduled for the day. The results have implications for the policies of the government and in turn spending.
The CNN Money Fear and Greed index showed further improvement in investor sentiment among US investors after Wall Street closed higher on Monday ahead of congressional midterm elections and inflation data due this week.
As the US markets enter the final leg of third-quarter earnings season, most of the gaming companies have released their earnings reports, while investors await results from the remaining.
U.S. stocks settled higher on Monday, as investors awaited Tuesday's midterm elections.
Markets also await data on U.S. consumer prices data for October, scheduled for release on Thursday.
U.S. stocks closed higher on Monday, with the Dow Jones surging more than 400 points. Here is the list of some big stocks recording gains in the previous session.
Keybanc cut PayPal Holdings, Inc. (NASDAQ: PYPL) price target from $115 to $100. . Keybanc analyst Josh Beck maintained the stock with an Overweight rating. PayPal shares rose 1.1% to $76.02 in pre-market trading.
Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused about which analyst's opinion to trust.
Gainers
Digital World Acquisition Corp. (NASDAQ: DWAC) shares rose 39.5% to $24.39 in pre-market trading following recent reports that Donald Trump could soon announce 2024 Presidential run.