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Live Daily Market Updates: BBBY Stock Falls Following Earnings, Revenue Miss

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Analyst Team
Updated: 13 Apr 2022

Latest 16:06
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US Equities Open

Dow +0.01%

S&P +0.10%

Nasdaq +0.29%.

US Premarket

Despite a somewhat positive start to the day for the FTSE 100, it has now joined its European peers in moving lower, currently trading at -0.14%. However, the IBEX 35 is now at +0.06%.

In the US, futures markets show point to a potentially positive open:

Dow +0.01%

S&P +0.10%

Nasdaq +0.29%.

Delta Air Lines jumped 6% after reporting this morning, beating both earnings and revenue expectations.

JPMorgan Chase also reported earnings, missing EPS estimates but topping revenue expectations. JPM stock has fallen 1.1% premarket.

Bed, Bath & Beyond is another company that reported on its latest quarter before the open Wednesday. The company reported earnings per share of -92 cents on revenue of $2.05 billion. Analysts expected a 3 cents profit per share on revenue of $2.08 billion. BBBY shares are down 13.75% premarket.

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Polymetal has deferred the announced dividend. They’ve not cancelled it, just postponed the decision

European Open

After a positive start, US indices fell Tuesday. In the APAC session, stocks were mixed.

European markets, other than the FTSE 100 have started the day lower…

FTSE 100: +0.12%
DAX: -0.49%
CAC 40: -0.04%
Stoxx 50: -0.30%
IBEX 35: -0.06%

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