(5/23) Tuesday's Pre-Market Stock Movers & News

Good morning traders and investors of the r/stocks sub! Welcome to the new trading day and a fresh start! Here are your pre-market stock movers & news on this Tuesday, May the 23rd, 2023-


Stock futures slip as Wall Street watches for debt ceiling progress: Live updates


Stock futures slipped Tuesday after a key debt ceiling meeting between President Joe Biden and House Speaker Kevin McCarthy.


Futures tied to the Dow Jones Industrial Average fell 20 points, or 0.1%. S&P 500 futures fell marginally, and Nasdaq-100 futures pulled back by 0.1%.


McCarthy and Biden met at the White House Monday evening, in a discussion that the House speaker described as “productive” and “professional.” These latest talks – taking place with just 10 days until June 1, the earliest date that the U.S. could default – seemed to have a more positive tone following the hourlong discussion.


“The president and I know the deadline, so I think we’re going to talk every day… until we get this done,” McCarthy said, noting that both teams would “come back together and work through the night” on a compromise.


Investors have been closely eyeing debt-limit negotiations in Washington, hoping for more certainty as the so-called X-date of June 1 draws closer.


“Certainly, the debt ceiling’s been weighing on investors,” said Phillip Colmar, partner and global strategist at MRB Partners. “It’s probably an 11th-hour deal, but if it is earlier than that, I think that would be encouraging.”


The meeting follows a mixed session for Wall Street as investors followed the latest updates out of resumed debt ceiling negotiations. The Dow lost about 0.4%, while the S&P 500 finished little changed. The Nasdaq Composite advanced 0.5%. The tech-heavy index touched its highest intraday level and highest close since August.


On the economic front, investors will follow data on the manufacturing and services sectors as well as new home sales.


STOCK FUTURES CURRENTLY:

(CLICK HERE FOR STOCK FUTURES CHARTS!)

YESTERDAY'S MARKET MAP:

(CLICK HERE FOR YESTERDAY'S MARKET MAP!)

TODAY'S MARKET MAP:

(CLICK HERE FOR TODAY'S MARKET MAP!)

YESTERDAY'S S&P SECTORS:

(CLICK HERE FOR YESTERDAY'S S&P SECTORS CHART!)

TODAY'S S&P SECTORS:

(CLICK HERE FOR TODAY'S S&P SECTORS CHART!)

TODAY'S ECONOMIC CALENDAR:

(CLICK HERE FOR TODAY'S ECONOMIC CALENDAR!)

THIS WEEK'S ECONOMIC CALENDAR:

(CLICK HERE FOR THIS WEEK'S ECONOMIC CALENDAR!)

THIS WEEK'S UPCOMING IPO'S:

(CLICK HERE FOR THIS WEEK'S UPCOMING IPO'S!)

THIS WEEK'S EARNINGS CALENDAR:

(CLICK HERE FOR THIS WEEK'S EARNINGS CALENDAR!)

THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:

(CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!)

EARNINGS RELEASES BEFORE THE OPEN TODAY:

(CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES!)

THIS AFTERNOON'S AFTER-HOURS EARNINGS CALENDAR:

(CLICK HERE FOR THIS AFTERNOON'S EARNINGS CALENDAR!)

EARNINGS RELEASES AFTER THE CLOSE TODAY:

(CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES!)

YESTERDAY'S ANALYST UPGRADES/DOWNGRADES:

(CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES!)

YESTERDAY'S INSIDER TRADING FILINGS:

(CLICK HERE FOR YESTERDAY'S INSIDER TRADING FILINGS!)

TODAY'S DIVIDEND CALENDAR:

(CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #1!)
(CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #2!)

THIS MORNING'S STOCK NEWS MOVERS:

(source: [cnbc.com]())

(TO BE POSTED LATER THIS MORNING.) — (TO BE POSTED LATER THIS MORNING.).

STOCK SYMBOL: (TO BE POSTED LATER THIS MORNING.)

(CLICK HERE FOR LIVE STOCK QUOTE!)

FULL DISCLOSURE:

/u/bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk.


DISCUSS!

What's on everyone's radar for today's trading day ahead here at r/stocks?


I hope you all have an excellent trading day ahead today on this Tuesday, May 23rd, 2023! :)

submitted by /u/bigbear0083
[link] [comments] https://www.reddit.com/r/stocks/comments/13pllwu/523_tuesdays_premarket_stock_movers_news/
Created 2y | May 23, 2023, 12:21:29 PM


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