Before the U.S. stock market opened: Procter & Gamble and Tesla fell 2%, Meta rose more than 1%, and Chinese concept stocks generally fell.

Before the market opened on Friday (19th), U.S. stock index futures fell slightly. Compared with the lows after the sharp decline during the Asian session, they have rebounded significantly and recovered their losses.

Earlier during the Asian session, although Israel attacked Iran, it did not seem to cause serious damage. Afterwards, all parties downplayed the attack, indicating that tensions between Iran and Israel may have come to an end for the time being.

However, Federal Reserve officials once again mentioned raising interest rates on Thursday, continuing to put pressure on the market.

During the day, no important economic data was released in the United States, and the financial reports released before the market opened were also lackluster. Market attention may turn to next week's U.S. PMI, durable goods orders, GDP, PCE price index and other major data.

stocks before market opening

American Express (NYSE: AXP) rose 0.23%. First-quarter earnings per share were US$3.33, higher than market expectations of US$2.95; revenue was US$15.8 billion, basically the same as market expectations of US$15.79 billion. At the same time, American Express reiterated its full-year guidance, maintaining its previous revenue growth forecast of 9% to 11%, and earnings per share forecast of $12.65 to $13.15.

Procter & Gamble (NYSE: PG) fell 2%, with quarterly revenue rising only 1% to $20.2 billion, lower than market expectations of $20.44 billion; earnings per share were $1.52, higher than market expectations of $1.41. However, sales of P&G's beauty product SK-II declined in China.

Schlumberger (NYSE:SLB) fell 1.24%, with first-quarter earnings of $0.75 per share, in line with analysts' expectations. The company's revenue reached $8.71 billion, slightly higher than the market consensus of $8.7 billion and an increase of 13% from the same period last year.

Netflix (NASDAQ: NFLX) fell 6.77% after Netflix's quarterly results exceeded expectations and the number of new paid subscribers reached 9.33 million, twice the expected number. However, Netflix warned that the number of new subscribers would decline in the second quarter due to seasonal factors. lower than the first quarter. In addition, membership data will no longer be released in the first quarter of next year.

Intuitive Surgical Company (NASDAQ: ISRG) rose 3%. The company's first-quarter revenue increased 11.5% year-on-year to US$1.89 billion, slightly higher than expected; earnings per share were US$1.50, higher than the expected US$1.42.

Tesla (NASDAQ: TSLA) fell 2%. According to the National Highway Traffic Safety Administration, Tesla decided to recall 3,878 Cybertrucks because the accelerator pedal may shift and get stuck in the interior.

Paramount Global (NASDAQ: PARA) rose 9% on rumors that Sony and Apollo are in talks to jointly acquire the company.

Facebook parent company Meta Platforms (NASDAQ: META) rose 1.13%. Yesterday, Meta launched the Llama 3 model, which is said to be the world's most powerful open source model, comparable to GPT-4.

Apple (NASDAQ:AAPL) fell 0.05%. NVIDIA (NASDAQ: NVDA) rose 0.14%, Microsoft (NASDAQ: MSFT) rose 0.27%, Amazon (NASDAQ: AMZN) fell 0.12%, and Google parent company Alphabet (NASDAQ: GOOG) fell 0.31%.

Chinese concept stocks

The China Internet ETF KraneShares CSI China Internet (NYSE: KWEB) fell 0.94%.

NIO (NYSE: NIO) (HK: 9866) fell 3%, Li Auto (NASDAQ: LI) (HK: 2015) fell 6%, and Xpeng Motors (NYSE: XPEV) (HK: 9868) fell 2.8%.

Bilibili (NASDAQ: BILI) (HK: 9626) fell 1.2%, iQiyi (NASDAQ: IQ) fell 2.4%, and Huya (NYSE: HUYA) fell 1.3%.

Alibaba (NYSE: BABA) (HK: 9988) fell 0.7%, JD.com (NASDAQ: JD) (HK: 9618) fell 2%, and Pinduoduo (NASDAQ: PDD) fell 0.3%.

Baidu (NASDAQ: BIDU) (HK: 9888) fell 0.5%. NetEase (NASDAQ: NTES) (HK: 9999) fell 0.01%.

other markets

European stock markets generally fell, but the decline was limited.

Most Asia-Pacific stock markets fell, with the Nikkei 225 Index falling 2.53%, the Shanghai Composite Index falling 0.29%, the Hang Seng Index falling 0.99%, and the Vietnam VN30 Index falling 1.38%.

U.S. dollar index futures and the U.S. dollar index fell, falling below the 106 mark.

Comex gold futures prices and spot gold prices on the New York Mercantile Futures Exchange fluctuated below $2,400.

London Brent crude oil and U.S. WTI crude oil futures prices fell slightly.

financial report

Ahead of the open: Wipro Ltd. (NYSE:WIT).

For all of today's earnings, visit the Investing.com Earnings Calendar.

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