September 12, 2023

Dow Jones Today: Futures Slip Ahead of Apple Event, Google Antitrust Case

5 Things to Know Before Markets Open

23 minutes ago

Here’s what investors need to know to start their day:

Apple’s (AAPL) “Wonderlust” event begins at 1 p.m. ET. The tech giant is set to release an updated iPhone 15, which is expected to feature a change to the USB-C charging port, as well as an upgraded camera and titanium design in some models.
Oracle (ORCL) shares plummeted more than 9% in pre-market trading after the cloud database company reported guidance that fell short of analyst expectations, as cloud licensing, services, and hardware revenue streams came in lower than forecasted.
Shares of Google parent Alphabet (GOOGL) dipped 0.4% in pre-market trading as the company goes on trial today in Washington on Justice Department charges it violated antitrust laws.
Casey’s General Stores (CASY) shares jumped more than 2% as the convenience store chain topped analyst earnings estimates on the success of sales of its whole pizza pies and the launch of its thin-crust pizzas.
Shares of WestRock Co. (WRK) shares moved higher by more than 8% after it signed a merger agreement with Smurfit Kappa Group, creating a global paper and packaging company worth $20 billion.

-Terry Lane

Futures Slip Ahead of Apple Event, Google Antitrust Case

44 minutes ago

Futures contracts connected to the Dow Jones Industrial Average were 0.1% lower in premarket trading Tuesday.

S&P 500 futures lost a quarter of a percentage point.

And Nasdaq 100 contracts were down 0.3%.

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