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Tech Jumps Over Apple Q3 Report on Wall Street Pre-Bell; Asia, Europe Off

Tech Jumps Over Apple Q3 Report on Wall Street Pre-Bell; Asia, Europe Off

MT newswireMT newswire2026/11/03 10:09
06:09 AM EST, 11/03/2026 (MT Newswires) -- Wall Street futures pointed mixed and higher pre-bell Tuesday as tech issues, excluding Apple (AAPL), largely showed strength ahead of the pending US election results. In the futures, the S&P 500 was steady, the Nasdaq inclined 0.4% and the Dow Jones was off 0.5%. Apple traded down 3.7% pre-bell after the tech colossus overnight reported good Q3 financial results, but warned of heavy spending on chips, and issued relatively tempered guidance. However, the VanEck Semiconductor exchange-traded fund (SMH), a proxy for the sector, traded up 2% pre-bell. In economic news, West Texas Intermediate crude oil traded up 1.4% at $97.85 a barrel, and 10-year US Treasuries offered 4.91%, in pre-market action. Asian exchanges traded mostly lower overnight, with Tokyo trading floors dark on holiday. European bourses tracked moderately lower midday on the continent. On the earnings front, Shopify (SHOP) and Pfizer (PFE) plan to report pre-bell, while Advanced Micro Devices (AMD), Arista Networks (ANET) and Amgen (AMGN) are slated to report after-bell, among others. Investors await the Job Openings and Labor Turnover Survey for September, aka JOLTS, slated for a 10 am ET release in Washington and sure to be parsed for clues to the strength of US labor markets given rising energy bills. In addition to the JOLTS report, the September factory orders bulletin logs at 10 am ET. In pre-market action, Bitcoin traded at $76,937, and spot gold commanded $3,905 an ounce.
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