US stock futures are pointing towards a slightly lower open on Friday, ahead of the release of key inflation data. While a positive report could bolster the ongoing market rally, concerns about election uncertainty and slowing global growth are keeping investors on edge. The focus will shift to the third-quarter earnings season in the coming weeks.
Advantage Futures, a high-volume futures commission merchant, has successfully migrated to ION’s XTP platform for cleared derivatives trade processing, gaining real-time visibility and automation for enhanced efficiency and client experience.
Cboe Global Markets is launching options on VIX futures, providing a new way for investors to manage volatility in the stock market. The new options are expected to complement existing VIX Index options, offering a wider range of expiration dates and allowing for more granular hedging strategies.
S&P 500 futures are edging closer to yesterday’s highs in pre-market trading, with a gain of 20 points or 0.4%. This upward momentum is fueled by positive earnings reports, particularly from GM, whose shares have surged 6% after exceeding expectations and raising guidance on the back of strong truck sales. Spotify’s shares have also witnessed an 8% increase due to impressive earnings. However, UPS, Pepsi, JetBlue, Nucor, and Cleveland-Cliffs have reported earnings misses or declines in demand, resulting in lower share prices.
