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Wall Street Stutters After Disney, Palantir Earnings Frustrate: Apple Event, Hawkish Fed Speech In Focus While Analyst Insists 'Bull Market Is Back'

Benzinga ·  May 7 07:26

The recent market recovery shows signs of a slight falter. Index futures indicate a mixed open on Tuesday. Negative reactions to earnings from AI-linked companyPalantir Technologies(NYSE:PLTR) could weigh on the tech sector. Surprisingly,Walt Disney Co.(NYSE:DIS) shares fell sharply pre-market despite reporting a profit and its direct-to-consumer business turning a profit for the first time.

Traders may also focus on a speech by a hawkish Federal Reserve official scheduled for midday. Bond yields and the March consumer credit report could also be in the spotlight.

FuturesPerformance (+/-)
Nasdaq 100-0.14%
S&P 500+0.05%
Dow+0.13%
R2K+0.10%


In premarket trading on Tuesday, the...
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