US stocks move lower but off the premarket low levels

The major US stock indices are lower but off the premarket levels awed by the futures. The NASDAQ index is down -162.2 or -0.83%. The S&P index is down -46.2 or -0.76%. The Dow is down -575 points or -1.34%.

Shares of Adobe are getting hammered after beating expectations and guiding marginallly higher. Go figure. Shares are down -7.15%.

  • Meta is unchanged
  • Apple -0.94%
  • Amazon -1.12%
  • Microsoft -0.11%.
  • Alphabet -0.99%.
  • Tesla -0.1%
  • Nvidia -1.19%

The University of Michigan consumer sentiment preliminary will be released at 10 AM with the expectations of 53.5. Current conditions is expected at 59.4 and expectations are expected at 49.0.

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