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US stock futures slide ahead of the open on corporate caution
S&P 500 futures are down 22 points ahead of the open, reversing part of yesterday's strong gain.
Verizon shares are down 2% after the company offered a disappointing earnings outlook for 2023. Similarly, 3M shares are down 4.3% on soft guidance, with a 2-6% decline in revenues forecast. 3M said they've seen a rapid decline in demand for consumer electronics.
Shares of GE were initially higher on better than expected earnings but have turned down, falling 1.7%.
Shares of hom... Read More
Posted: Jan 24 2023, 14:10
Author Name: forexlive
Views: 110849