The stock market's fate hangs in the balance! Dow Jones futures dipped overnight, mirroring the decline in S&P 500 and Nasdaq futures. But here's the twist: Interactive Brokers (IBKR) unveiled its late-night report, and Oracle (ORCL) upped its long-term growth predictions. Will these announcements be enough to counter the market's downward spiral?
Thursday's rally started strong but soon took a turn for the worse, particularly for small-cap stocks. Regional banks faced a sell-off as bad loan worries intensified, leaving investors on edge. And this is where it gets intriguing: American Express (AXP), a Dow heavyweight, is set to reveal its hand before the market opens. Will it be a game-changer or add fuel to the fire?
Meanwhile, gold stocks are making a splash, with three gold miners among the top growth stocks added to the IBD lists. But will this glittering performance continue to shine? The market's next moves are anyone's guess, but one thing's for sure: it's a rollercoaster ride that keeps investors on the edge of their seats. Stay tuned as the story unfolds!
