Procter & Gamble, Netflix, Robinhood, Occidental: What to Watch When the Stock Market Opens Today

Procter & Gamble, Netflix, Robinhood, Occidental: What to Watch When the Stock Market Opens Today

Stock futures are edging higher ahead of another flurry of earnings. Here’s what we’re watching before Tuesday’s regular session begins.

Profits at Steel Dynamics soared in the third quarter as demand remained strong and prices rose. Shares gained 1.7% premarket.

Aerospace composites specialist Hexcel reported a profit for the third quarter, but continued to withhold guidance due to pandemic uncertainties. Shares slipped 1.5%.

Philip Morris International , Halliburton and Procter & Gamble are due to report earnings before the opening bell.

Robinhood Markets rose 1.6% premarket. The Securities and Exchange Commission said Monday that this year’s trading frenzy in GameStop should lead regulators to consider whether “game-like” brokerage apps are encouraging people to trade too much.

Occidental Petroleum ticked up 1.9% after Truist Financial raised its price target for shares of the oil producer.

Teladoc Health gained 2.1% after Wells Fargo recommended investors buy shares of the virtual healthcare company.

E-commerce firm Carvana rose 3.8%